Quantifying it is more challenging. 

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

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

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

Challenges?

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

The seller is currently attempting to purchase another property but is facing challenges due to the inability to hold two FHA loans simultaneously.

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

With @Michael Baum on this.Another angle of thought - who would have a better chance of success challenging Airbnb TOS:1) A "brand" with 5 units2) A brand with 500 units?

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.