We'd come back and fix it back up again and then eventually sell it as it will not be our forever home.The question is... if we move back into it, how long will we need to live in it to re-qualify for the tax exclusion?

It's an owner occupy situation, where I live in the home and rent the other 3 rooms on Airbnb as well as Peerspace.

Quote from @Emma Hustis: I am talking to an off market seller of a 120(ish) storage unit facility in Bonner's Ferry, Idaho (near where I live). 

I lived in central Oklahoma the first 20 years of my life.  

I've adjusted my approach now to search for a SFH with the intent of 'live-in flip' for the first year.

Most of the “deals” have no meat left on bone except for maybe a long term rental hold after repairs.They ironically sponsor a lot of the meet ups I’ve been too here in DFW. of course they do they live and breath on newbies..  

Welcome BP compatriots to my weekly "Skeptical Take" on all things real estate, coming at you live from Nashville, TN.

The realtor sent me videos prior to close when the tenants were still living there and at the time of closing he just confirmed via sent and claims that’s what he was told after the fact so he never when there to physically confirm it was vacant.  

Unless you live in a state where deposits have to be kept in a separate account (google) I would open 1 business account and a credit card for the rental property. 

In many instances like this one - by the time it gets investigated damage is already done I love these articles not for the fact investors are getting abused.. but the statements about lavish lifestyle  fancy dinners etc etc.. every single white collar litigation or criminal complaint has that exact same language.. and now you know why the Mafia guys just lived in some plain Jane home and maybe drove a caddy and ate at a low end restaurant LOL.