I buy with cash when I get a sweet discount for doing so (closing quickly) or buy an odd property (2 homes on one lot or a mobile on land for instance) or one with too many repairs for a bank to lend on.My last cash buy, rehab, rent captured about a 55% equity gain. 

I am trying to gain the skill of analyzing properties but im having a hard time with that.The interest on the seller financed loan is a simple loan with a term of 10 years and the seller is flexible in many ways but wants a chunk down payment.Thanks again for a fast response.

My question is, obviously at that price this isn’t a property that we will cash flow on while living there but, we would gain landlord experience and live cheaper than renting.

I look forward to gaining the experience and techniques to share eventually someday with others.

Every market and sub-market will have trends that you should pay attention to so you can act accordingly.

The tenants haven't really been onboard and I haven't really paid much attention to it.  

Over time various sites have popped up to promote wholesalers deals, but I don't think any of them really gained any traction.

If you had capital gains on other investments you could offset those gains with this loss (depending on the amount)My recommendation is to file an extension and have a CPA do your taxes since I am not an expert in this

Investor wants to make use of the primary residence exclusion.Question 1: Is the entire gain tax free for the investor, even though he only lived in the property for 2 years of the past 12, or only 1/6th of the gain tax free?

Is keeping it as a rental the best use of that money, or would selling and taking the tax free gain to invest for a higher return get you to your goal more quickly?