This is not me trying to start something.

- Total 6 yrs  i.e 4 yrs (75% was rental and 25% primary) + 2yrs (100% primary)- $300k capital gain / 6yrs is the net gain per yr - $200K for 4 rental yrs + $100k for 2 primary yrs- So $150k (75% of $200k) is taxable and the remaining $50K (i.e 25 % primary) + $100K (2 yrs 100% primary) i.e $150k in total will be tax-free? 

Tough neighborhoods still, but plenty of fixer uppers and low cost plots make it ideal for scrappy individual investors looking to get started on the cheap.

I've been wanting to do one in miami Dade County and there are three infill lots right now down in homestead if you have interest in that area. everything we do is ground up. entitlement is where it starts and land development / identification. happy to connect and chat further.

My current goal is to start with house hacking and move on to long-term single-family rentals.

But, again, if your LES shows an ETS date of less than 12 months your current income won't be usable, unless (a) you write a letter to certify that you will reenlist and also have a commander certify that you will be eligible, or (b) you use income from a new job that you'll start near the subject property before closing.

Also now I see tax certificate issued was 3 weeks before our contract start date. 

Get plans drawn and get estimates from subs to get a total cost price for property.

We first started talking in November.

To make it feasible, research Oklahoma City and Atlanta markets, partner with locals, evaluate personal finances, start small, and educate yourself on real estate investing.Good luck!