You can be successful in any market if you believe in yourself, have unwavering determination, and always be educating yourself. 

I assume it hasnt been 6months so the seasoning period isnt over. 

That residency requirement would run concurrent with the two year period before you can once again take advantage of the sec 121 exchange. 

Simply put this means they do not have enough credit for a long enough period to qualify. 

Sorry for the obvious ignorance, but I'm interested in note investing and have only done a little self-education.

The items in blue are calculated based on the other data.I took some sorta educated guesses for things like yearly increases in taxes, rent, expenses, insurance, and appreciation.

@Josiah Collins, You're right, if the house were rented for a period of time it would then qualify for 1031 replacement property for the property being sold. 

Hello BiggerPockets people,I am looking for some advice and help trying to find a education course.

That's harder and more time consuming.I have not taken her class, but I've listened to some of her podcasts and read some of her stuff and while perhaps a little expensive looks like excellent info for Florida... https://www.facebook.com/QueenOfTaxDeeds/ I'm sure there are others who charge more and know less.I would probably not invest education money in any of the nationwide type gurus that come through town teaching tax lien investing. 

The ones I've talked to have a seasoning period of either 6 months or a year after your purchase to refinance, even if you bought it for cash.Home equity loans are something different.