Correct, you could sell and have $500,000 in gain tax free under Section 121 as long as you can say that you have owned and lived in the condo as your primary residence for at least 24 months out of the last 60 months. 

A great resource is the webinars section of the website. https://www.biggerpockets.com/proreplay

I informed my landlord to which he directed me to the section of the lease stating he only repairs heating a/c and the roof.

If someone uses one or can recommend one or can even upload a template in the templates section, it would be awesome.

Rent is $2K+, and so far have gotten decent responses, but still working on finding the right renter.Someone emailed today asking if we accept Section 8, which sort of surprised me due to the price point of the house.  

Hi everyone,I am looking into buying homes and renting them out on Section 8.

Take a look at the top right corner of the 1st mortgage (get a copy from the county or the title report).2.

Jared Boundy A negative section 481(a) adjustment is taken in one year.

A great resource is the webinars section of the website. https://www.biggerpockets.com/proreplay

There is a beautifully remodeled property sitting on the market right around the corner from my house, that won't sell because they overpriced it.