You’re referring to the Section 121 exclusion, which allows you to exclude up to $250K in capital gains ($500K if married) if you’ve lived in the property as your primary residence for at least two of the last five years.

In PA atleast, we utilize 2 (BAA) Exclusive, and Non-ExclusiveThis document sounds like it can serve both purposes. 

Quote from @John Gochangco: I’m currently facing a situation with a non-performing partner in a multi-family real estate investment.

we have investors who are trying to decide between long term rentals on new builds and short term rentals on new builds in midwest markets in urban adjacent core neighborhoods. how are yours performing?

But very few investors are in the #1 performing sector over the last 1, 3, 5 and 10 year periods, according to the National Council of Real Estate Investment Fiduciaries (NCREIF): senior housing.  

Hey all, I'm working for a wholesale brokerage officed downtown. I'm producing deals weekly and I want to connect with fast paced buyers in the area that can turn these into profit. Feel free to reach out and connect!

Your Sec. 121 exclusion would be disallowed.

If it has always been your primary, and you sell right away - full exclusion (up to the limit of $250k single or $500k couple)2.

You will still be able to sell the home and receive the 121 exclusion if the home is rented for no more than 3 years.

Had someone recently bid $2000 on a $25k performing loan.