Because of this, many investors see this strategy as a win in 2 ways:  first, they are able to invest 100% of their gains into another investment vehicle without paying tax and therefore gain the benefit of 100% of their capital's exposure to the new investment; and second, they are essentially creating tax arbitrage between their tax bracket rate and the flat recapture rate. 

I know its probably an emotional house for you ( mine is also) but try and run the numbers on what your monthly cash flow would be if you sold the property and used that money to buy 1-3 investment properties. idk your market but in mine that extra 150k could easily buy 4 (maybe 5) properties that would cash flow a minimum of 250 but most likely 350-400/month.

But no way can you rent it back to relatives in a win win deal.  

He really should have just linked them in his post so you could find it easily, but if you go to the BP podcast page, you can just type in the podcast number under the search tool, and it will be the first one that pops up. 

You're not going to win any case by showing a PA DMJ pictures of clearly damaged doors and windows and insisting that you won't fix them as long as the tenants are smoking inside.

If anyone of your SFRS have appreciated considerably, you can do a 1031 in multifamily in Columbus easily.

Tough to win that battle.Just my thoughts.....hopefully you prove me wrong and make all kinds of cash on the PM business and are able to create automation and outsourcing to handle all the work at minimal expense with lots of profit.

@Bronson SimmonsGenerally you should look for someone who sells at least 10 properties annually in the area that you are looking to buy.Someone local doing that much business or more will be able to explain what it takes to win offers in that area. 

If you're looking for property with an investment mindset you'll be able to find a good deal that will produce income and gain equity and for a house hack property, that's a WIN!

Most existing inventory being sold now is selling at a 10x revenue multiple though using 2021 rental income, which is up from pre Covid. 2 years from now you could easily be underwater just breaking even on your expenses, if your lucky.