We saw Austin's nascent tech industry absolutely explode in recent years to create thousands of jobs, a net influx of 100+ new residents per day, and the creation of a diversified 21st century economy currently supporting an unemployment rate below 3%.

Any agent can open a door, show you a property, and write your offers, but an agent should be able to discuss market demographics, help you run the numbers on properties, and connect you with people through the industry.

I reside in Bloomington Indiana area and have worked in the real estate industry for the past 20 years. 

Maybe as a whole in the entire buy and hold industry 50% is the right average.   

Granted, I've been actively engaged in the commercial real estate industry for 17 years so I know and understand this space well, so for me it's likely easier than for other investors new to all real estate types.That said, there is a reason that many of the investors who've been interviewed on BP, written books, and grown a portfolio often scale or "trade up into commercial" over time, so they can achieve the benefits I mentioned above.

Although I have the skills to work in the industry I felt that flipping and investing in rentals was a better fit for me.

Read these links (hope they work) and of course, consult your tax professional.Two blogs that talk about this situation.https://blog.militarybyowner.com/important-tax-matters-for-military-families-when-selling-or-renting-a-homehttps://blog.militarybyowner.com/the-effect-of-capital-gain-tax-exclusions-on-military-home-sellersIRS Topic 701 - The Sale of Your Homehttps://www.irs.gov/taxtopics/tc701IRS - Publication 523 (2018), Selling Your Home - which outlines the exclusions.https://www.irs.gov/publications/p523#en_US_2018_publink100073089

It was <C-class but in an industrial area & in high demand for those working in the facilities nearby.

Buying a TIC is basically purchasing a share of the building and a contract that gives you exclusive rights to the unit you are buying.

It also helps if your previous jobs are in the same industry.