I will not pay capital gain taxes, as i lived in it recently.

Depending on the house yes you may be an agent to gain entry.

So the units that have the most for the owner to gain by a tenant buy out will likely cost the owner the most to buy out.I would be leery of purchasing rent controller RE.Good luck

What would be the difference in Capital gains tax?

I'm bouncing between titles as they grab my attention.

My goal is to gain enough cash flow in real estate to retire in 4-5 years and have enough money to provide for my daughter and my girlfriend, who I want to marry down the line.

@Doug Phillips I've lived in Kokomo, Indiana all my life and in the last five years or so that I've paid attention to the local rental property market, I've realized that Kokomo is somewhat of a hidden gem for investors.

I can't speak from personal experience with a 1031, but I know others that get so caught up in being able to say they did a 1031 and so worried about the tax implication that they end up making a bad deal and the bad deal hurts more than paying taxes on the gains.  

That would let you take 50% (since you only lived in it for one year) of the gain tax free up to $500K. 

Now you will have 6 months to sell this home and still keep all the gains tax free (Up to $250k).