I merely made mention of some of the challenges I faced, but those challenges cannot be overstated either.

As others said out of state can be more challenging based on location but local or out of state both can be done. 

Hi all,We are facing significant challenges with a tenant in our 'rent-by-room' property.

Hi Jonathan,Congrats on your first big renovation deal—it’s an exciting challenge!

Owning the multifamily has it's challenges as everyone knows when you compare NNN to multifamily.

@Tom Nagy There are a number of existing forum threads covering the challenges RAD Diversified has faced with a number of investor's personal accounts of their own experiences.

As time went on, prices came down because buyers saw the challenges with rebuilding--trade labor, insurability, not knowing what will be built on adjacent lots (like one lot where the owner built a house that looked like a concrete mushroom and that devalued the adjacent new construction homes built to more conforming architecture), and so on.The weakness with moratoriums such as these is that it is now illegal to offer less than FMV as of 1/6/25--but what was FMV on 1/6/25? 

Quantifying it is more challenging. 

It sounds like current challenges are:* how you currently feel today about maintaining property* how you currently feel today about that particular house that you lived in and made niceIt also sounds like there are a few logistical/ timing/financial challenges such as:* the logistics of a 1031 etc.* logistics of maintaining out-of-state property and tenants* having time to research enough about this while moving across the country to be confident in your decisions and planning* having time to research other opportunities, what could be done with the money if you soldReason I bring up the emotional stuff because yeah property is a hassle, but there may be another vision that lets you get everything or most of what you want, with a little bit less hassle, or hassle in a way that bothers you less.

I’ve seen firsthand how many STR challenges—from low occupancy to poor guest retention—can be solved through strategic interior design.