You can get some discount time yet things change dramatically now.For rental, landlords are getting multiple applications for townhouses etc in Ashburn area.

. $1500 straight to the pest control guy for fumigation, $4-5k earmarked for a driveway and patio pour direct to vendor, and a contractor to do kitchen cabinets and counters, appliance hookups, vanities, 5 panels of wood fence, interior pre hung doors, a bit of termite repair, and a few other things.

If you charged 2 discount points , which is pretty standard in my area, you could make $4,000 off your $200,000 a couple times a month if you did it right.   

Find a local lender that can set you straight on your financial capabilities, then, work with a realtor who is willing to help out in your area.

@James E.Seems like you are doing the work of your CPA...I hope you are getting a discount on his services by doing your own research.In short - there are time limits of being able to take advantage of section 121 exclusion...however there are exceptions to the time limits in which case you may be able to claim partial exclusion.Your situation is unique since you and your wife both appear to have separate houses that qualified for section 121.

It seems like a straight forward process, all I have to do is hit the summit button and the money will be in my account in a few business days. 

I’m not going to occupy the unit, straight but and hold.

Long-term StabilityThough a market crash provides opportunities to buy properties at a steep discount, overall economic stability is something all investors should desire.

We dont have much information to go by but I prefer option 2 because it seems more straight forward.  

While we have to raise the rents on your unit we wanted to reward your for your loyalty by offering you a discounted rate of [new storage rate].