If you need the capital from a rental for a primary home purchase and you wanted to side step cap gains, then the approach would be to refinance the rental not sell it. 

--So, S8 doesn't solve everything and has its own challengesRead more below (copy & paste):Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I am looking into purchasing a plot of land somewhere around my state of Illinois to give myself leverage and motivation to develop it.

So, I am in the middle of purchasing a co-op unit for a flip.

Our policy is raise halfway to market following purchase.

This preference for city living has fueled demand for urban condos, lofts, and apartments, driving revitalization efforts in downtown areas and contributing to the development of mixed-use communities that combine residential, retail, and commercial spaces.Emphasis on Sustainability and Energy Efficiency: Millennials are more environmentally conscious than previous generations, placing a high value on sustainability, energy efficiency, and eco-friendly features when choosing a home.

Using Facebook lead forms can streamline information collection.Door-to-Door Sticky-Note DeliveryI hired a woman to deliver my sticky notes, paying per piece delivered and offering a nice bonus for every home I purchased from the sticky notes.

What age did you say the roof was when you purchased the policy? 

You can't purchase it with an FHA loan, but let's assume you could use any type of financing.

I am an engineer with a full time job, but plan on continuing to purchase rent ready properties to slowly build wealth.