BACKGROUNDMy partner has all the capital for the upfront costs to purchase a single family, but doesn't have a great job or credit score to gain a nice mortgage.

Once you have cash built up where you can go take down multis, then dedicate some time to that.The off market properties today you are looking to list....gain experience one what investors are willing to pay, what rents they want, what trades they use.

Go through pictures and gain a general idea of what the price per sq ft is in your area. 

Another consideration is that if you sold it now, or within 3 years of moving out, you are exempt from cap gains through the Section 121 exclusion....after 3 years you are paying full cap gains tax.

Boy if this projected return IS inclusive of the gains upon sale (and I did ask the sponsor that question promptly by email), then we are talking about some very notable and disappointing cap rate compression, huh?!

.Live in it for 2 years to be able to take advantage of a tax-free gain.

Isaiah,Maybe I missed it, but I didn't see anyone mention "weight."

We sold the property for $400,000, realizing a capital gain of $104,000 or 11.6% annualized over the holding period.

Hello,I need to soon relocate to CA soon due to my new job in SF so I will need to sell my duplex .I currently occupy one of the units so I don’t have to pay any capital gains tax on that but the unit I currently rent I will end up paying capital gains tax if I don’t go with a 1031 exchange.

They all represent a view point that is biased by their own opportunity for financial gain.