(ii) Exceptions The term “period of nonqualified use” does not include—(I) any portion of the 5-year period described in subsection (a) which is after the last date that such property is used as the principal residence of the taxpayer or the taxpayer’s spouse,(II) any period (not to exceed an aggregate period of 10 years) during which the taxpayer or the taxpayer’s spouse is serving on qualified official extended duty (as defined in subsection (d)(9)(C)) described in clause (i), (ii), or (iii) of subsection (d)(9)(A), and(III) any other period of temporary absence (not to exceed an aggregate period of 2 years) due to change of employment, health conditions, or such other unforeseen circumstances as may be specified by the Secretary.

In one, the defendant failed to refinance or sell, so the judge ordered the listing and named who the agent would be and sold the property to the buyer with the best offer (unfortunately not mine), and distributed the funds owed to the plaintiff and the rest to the defendant.

It appears that the portion of the increase in prices directly attributable to the hard and soft costs (materials, labor, time, capital, etc) of improving the property are the approximate amount that the indeces are being "inflated" relative to the circumstances of the average, non-rehabbing homeowner.To demonstrate this, let's say I buy a beat-up rehab in an upward market for $200K, put in $75K in all costs, including capital costs, materials, labor, and sell it for $350K net proceeds.

Unfortunately (or, maybe it's 'fortunately', since otherwise everyone would do this) most people will try to talk you out of things that are different.So, one of the most important things you can do, is surround yourself with people that are out there doing it.

Steven J. 1 at a time, as others said, except under very specific circumstances, as outlined in my post above, with the link to HUD.

Unfortunately the tenant now says he can't pay at all.

Unfortunately, I had a foreclosure, so I had to be super creative about finding properties for real estate investing. im okay, but I learned so much from my mistake its actually turned out to make.

I can guarantee the markets with the highest returns aren't the hipster-filled zip codes (unfortunately!).

I couldn't agree more......and unfortunately I was the guy who kept dishing out the money.

Your B class tenants are usually in the rental market, because they have had a life changing circumstances, bad credit for example, bankruptcy, foreclosure, they have good jobs.