Last year, I completed a 1031 exchange, where I exchanged that rental property for two new residential rental properties.

Are there concerns like location, zoning or land use, or is it simply about passing the inspection if it's a residential use?

Sharing insights and experiences can enhance strategies and outcomes in real estate investing.Best,Drago

The next buyer brought in an engineer who had over 20 years experience with older residential homes in Denver and said, "yeah, it's not perfect and certainly not to current code but it will likely continue to function as it has for the past 80 years."

Was listening to a Tax Podcast talking about potentially doing this via residential housing.

I’ve learned a lot from Bigger Pockets, first time posting:I’d love to get some feedback on where to go from my current position.Background: we own two houses on a single lot in a residential neighborhood.  

I'm looking at doing a 1031 from Colorado to investing in residential (single family/multi-family) in Cheyenne, Wyoming area and wondering if anyone has current insight to this area?

CRS is certified residential specialist and it’s the highest designation a residential agent can get.

For most multifamily, I'm seeing on 30 year amortization to boot.Reminder for the lurkers that this has nothing to do with single family homes, 1-4 unit residential all gets residential mortgage financing, which isn't presently as good as commercial.Odd world where the 8-unit property has a payment that is less than twice as much as the fourplex, even though it pulls in twice the rents, and has less than twice the maintenance expense (the price of the fourplex is likely to be more than half the price of the 8-unit, and more than 1/5th the price of OP's 20-unit, holding constant location etc, but that's another rant for another day).

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.