And yes, this analysis requires me to assume exit at some point so I run different hold periods i.e. 10, 15, 20 years with assumed sale prices at disposition.

@Dave Foster Correct, the 3 rental years after moving out (from your example) would not be considered a period of nonqualified use, as per Section 121(b)(5)(C)(ii)(I).

We do plan on having at least 6 months of rent saved in the bank in case we do not have any renters for an extended period of time.

I'm relatively new to the industry, but I have never seen a loan that offers a "grace period" of sorts to delay any type of payment at all.

Err on the side of caution.I also hate it when things are measured in months since a month is not a defined period of time.

Would you need the cash in the time period?

The closest metro out of the top 50 in the U.S. to see this type of growth was Silicon Valley, which grew its GDP by 99% during the same period."

I keep hearing of a “cooling period” across the US but the Austin RE market seems so hot.

There is no current balance on the HELOC which will reach it's pay down period in the next year or so.

This means you may be able to meet the 2-year residence test even if, because of your service, you didn’t actually live in your home for at least the 2 years during the 5-year period ending on the date of sale.And...Period of suspension.The period of suspension can’t last more than 10 years.