It will also offer nothing in terms of tax benefit. 

If the property is truly worth $36.5k, just sell it, pay off the high interest loan, pay Uncle Sam short term cap gains, and you may even have some cash left over which would be a huge win.

@Jay HinrichsMost of the new MF construction in the Burgh these last few years has been out-of-state money chasing the elusive tech-educated Millennial who's gainfully employed but too stupid to buy a house.

Also a lot of time spent trying to thing of other passive income streams along with jobs that I can do from my computer at work, which have evaded me thus far.The question I have for you all is a list of the pros & cons of gaining my real estate license to use on a part-time basis.My job is flexible in that I can leave the office to make appointments nearly any time of the day and am able to answer phone calls.

Stop paying down your mortgages, it's is gaining nothing. 

If I want to take advantage of the capital gains tax exemption (must live there 2 out of the last 5 years), must I sell it by July 2018, or will I have until the end of 2018 to sell it?

If you sell the house there are RE agent commissions and probably capital gains, closing costs and the time it takes.

I have the added benefit of the va loan with no money down.Who knows, maybe we could help eachother out or partner up on something in the future.

@Assaf Kehati As with any investment, the gain/loss in asset value is only on paper unless you sell it.

My name is Lukas and I’ve lived in Front Royal almost all my life, I just recently moved to Strasburg, Virginia, and recently have gained a major interest in real estate.