If you decide to rent the property for a while, once you move out of the property and convert the property into rental/investment property, you will have a three (3) year window in which to ultimately sell the property and still qualify for and take advantage of the 121 Exclusion. 

Fortunately for me, the 2 deals I closed that same month were enough to cover my part-time job income for an entire year, so now I'm just re-investing that money, and taking advantage of the time I have at home living rent-free, to grow my business.

I am not a wholesaler and don't plan on being one....I just occasionally come across great deals and this is the first time I can't take advantage of it myself.  

They have the advantage of time on their side, but we have experience that will save on some of the mistakes and help us make smarter decisions.

As if people have the right to be stupid, get ripped or rip off others outsmarting the other guy.Mo. is not what I'd call overly consumer friendly, there is a political view of big business requiring the advantages over competition and to seek business from the public to include the ignorant or disadvantaged, free enterprise and the only hooks being set by violations or laws or in ethical areas, through complaints.Municipalities have the ability to require service industry providers or professions to demonstrate education or knowledge.

There are several advantages it has over IRA and one of them is being exempt from UBIT tax on leveraged real estate. 

I didn't find any advantage in using the app. 

If you get this, then you can talk about advanced concepts like Tax advantages, Depreciation, etc.Hope this helps.

That solidified my desire to take advantage or personal properties as much as possible. 

There was a ton of hotels in financial distress in the early 90's and the founders took advantage of some unparraled changes in the tax code to put it all together.Having said that a public traded REIT is very expensive to form.