Also, if you have advice for someone like me who is looking to increase their deal flow and eventually gain financial independence/early retirement, send it my way.

How long should you hold on to a property before selling from a financial aspect?

Repeat this process and you could surely house hack your way to financial freedom!

We would suggest working with a local community bank that can understand your overall financial picture, and structure a line of credit based upon your available equity and your ability to re-pay.

Financially it would be better to remain renting your primary residence and concentrate on purchasing investment properties.Better yet buy a multi unit and live in one unit while upgrading it to increase rents and cash flow..

Proper drainage is essential for protecting the building structure and making it pleasant for those living there.

In order to evaluate what is best for you financially you would need to have projections on what the potential business could earn vs what you could earn strictly renting it out. 

It protects you both inside and outside the legal entity.

It is certainly possible to combine a primary residence exclusion and a 1031 exchange to completely eliminate most and defer the rest of the tax.However in your case with only 1.5 years of depreciation it might make more sense financially to simply forgo the 1031 portion and pay the depreciation recapture.  

Hello Everyone,My name is Mark Horn, I am committed to achieving financial freedom in the next decade, through rental income and real estate investment.