Great times.I'm not exclusively looking in Knoxville but it is my current top choice.  

The gain exclusion would be nice but you may subject yourself to market risk.

CAPREIT is interested exclusively in institutional sized multifamily apartment projects (at least 150 units, preferably larger -- under no circumstances would we even look at anything less than 100 units).

I plan to take the cookie cutter approach, having about 4 or 5 engineered plans, a dedicated team of contractors trained and experienced in this kind of construction that I work with exclusively, as well as an engineering team in place to consult with when needed. 

@Keeya WangJones, be aware that the terms "2% rule" and "competitive market" are mutually exclusive!

@Allen Fletcher is right on in his assessment of the actual tax being dependent on past use (actually 500K tax free is the top exclusion if you're married and have lived in the property for 2 out of the last 5 years) and future strategy (depending on your path you could exempt all or part of the tax in a 1031 exchange).Your accountant paints the current picture better than anyone.

None of these subs work exclusively for my LLC and they are not my employees.  

Valerie, I'm on my computer on the site almost exclusively.

If buyer fails to fulfill his obligation under this real estate contract or buyer fails to close this transaction, the down payment is not refundable to the buyer unless failure to close is exclusively the fault of the seller of if seller cannot deliver marketable title to the property.  

Don't be in a hurry exclusively to prepay your student debt but do look to refinance it.