Just be ready for the challenges of managing properties remotely, which may require a property manager.Tax StrategiesSince you’re selling a primary residence, a 1031 exchange won’t apply, but you can still use the capital gains exclusion.

While full recovery remains elusive, the sector's current stability is a positive sign amid ongoing challenges.ConclusionThe second half of 2024 presents a varied landscape for commercial real estate, with opportunities and challenges differing across sectors.

Challenges?

@John Bertolon, this is one of the many challenges with being a landlord: your tenants have an expectation that you will provide them a safe and nice place to live.  

The current market is challenging, but that’s short term.

Challenges?

Doing a 203k on a multi can be challenging, depending on tenants so your best bet is to get one vacant, but then you are at a full loss while construction is going on.

You have to adapt to the new era of higher cost of capital, lower supply, population changes, natural disasters, etc.  

I enjoyed what I did building cool bridges and hotels, but I was not too fond of the daily in and our grind.Jumping ship has brought bigger challenges, but I am happier tackling them with people I love working with.With respect to real estate & being a landlord, it's honestly something I do NOT ENJOY that much either (dealing with HOAs, repairs, vacancy, etc.)...unless you can buy properties and completely offload the property management, which was and is hard for me to do with my scarcity mindset. 

I don't know the CO law.A duplex by nature is multi-family.