As long as you have 12 months you will be fine.

As a slightly less zealous defender of out of state stuff than @Ali Boone , I guess I'll also say that I don't really care where the houses are, as long as the numbers are right.

It's much the same as in Real Estate when agents have Assistants that post on MLS, update listings, etc. for them, which is allowedMike has a pro account and can list his stuff on Marketplace, as long as they are his deals and not those of others, what difference does it make who actually posts them?

Although your marketing certainly does have the potential to be a fairly deceiving, so long as your investors actually understand the risk profile of their highly leveraged purchases, it may not be an out-and-out scam.If I'm right.Relevant articles:http://www.businessinsider.com/national-realty-the...http://www.businessinsider.com/national-realty-say...

-My local commercial lenders seem eager to lend as long as I put 25%-30% down for each property.

I agree with Bill Gulley - as long as you've done your due diligence, get 'er done!

Do all of the contacts have to be paid for and used all at once or do they allow you to purchase a little at a time so long as you sign on to purchase 10,000 records?

However this does not concern me as long as my project can go uninterrupted now.To answer everyones dying question, there was a 5 gallon bucket in the corner for him to do his business in. 

So you can hold it as a rental for close to 3 years and still take the exclusion, as long as you sell it (and close on it) prior to the 3-year anniversary of the conversion.

I spoke to my accountant about it, and she stated that since I've lived in it for 2 out of the last 5 years; as long as my gains are under 250K, they would all be tax free.Any thoughts would be appreciated.