The 500k capital gain exemption is another option to consider because you never know if the exemption will be around forever considering the financial health of the country. 

I really would like to move out of this home due to mental health issues (lost a loved one in the home, and it makes it hard to be here).

I was thinking of course near a hospital and/clinic.

It is owned by an out of state absentee owner that ran into health issues and cannot and has not managed the property.

Investing in building knowledge, your health, and your dreams will be the root of all your other accomplishments. 

What about family, sure makes visits less often and coming back for a week or two can blow the savings difference, consider health issues out of country and where are you going to end up, shipping the casket sure increases final expenses.The question isn't really can you retire, yes you can retire, the question is more to the quality of life to expect. :)       

This exclusion can be used once every two years.Partial Exclusion for Reduced Use: If your dad is selling his home due to a change in health, employment, or unforeseen circumstances before meeting the two-year ownership and residence requirement, he may be eligible for a reduced exclusion based on the time he lived in the home.Purchase of a Smaller Home: While your dad intends to purchase a new home worth less than his current one, this won't qualify as a 1031 Exchange (like-kind exchange) since personal residences don't qualify for this type of exchange.

This gives me a ton of confidence in our market health. 

@Michael OharaAgree Westside has a consistent momentum however east side is slowly developing some great infrastructure Jobs corridor by Cleveland clinic., bars and some great apartment living by case, and most desperately needed is the development of opportunity corridor Where’s Johnh31 turning around whole streets 😁Someone could make huuuuge money one by buying cheap.... but you gotta have deep pockets and a great team!!!

Health Insurance companies on the other hand have a different reputation.