That clause generally applies more for those in the National Guard or Reserve who are activated for a long period of time (thus may have to take a leave of absence from a high paying job). 

The less pressure with CAM per sq ft above  base rent especially for mom and pop to regional tenants versus national the better.

Also, if you're married the capital gains exclusion is $500,000You can also add to it the cost of any work/rehab you performed on the home that improved or extended the life of the house (known as the adjusted cost basis). 

@Thadeous LarkinIMO it makes more sense to have you capital/financing lined up first, then you find the best opportunity you can find asap that meets your minimum criteria. 

I’m wondering if I should do some flips to build up the capital to do it.

I agree with josh.As I research more, I have relalized that you can defer 100% taxes but only avoid 15% of the capital gain if you invest the fund in the qualified zones. 

Is anyone familiar with him and his company National Wealth Club?

Therefore, we made a “profit” of $10k and I’m curious how I can avoid paying short term capital gains taxes on this land.

If market research indicates a particular area is losing jobs faster than the national average, has a low population rate to begin with, and has a higher proportion of owners to renters, along with other indicators of potential issues, then I may be able to reasonably assume that it will be more difficult to find good tenants, more difficult to charge market rents, etc.

I feel that access to capital will allow me to further my real estate investing racket.