Sales were slow at the time, and the number of accidental landlords was on the rise.

And Denver is a strong market with low supply and high demand, and every indication is that over the next 10-15 years prices will continue to rise and with that, their equity goes up. 

One consideration for putting it into an opportunity zone fund is that unlike a 1031 exchange,  you only have to invest the gains to get the tax deferral. 

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It doesn't take into consideration what type of street it is located on.

There still remains a lot of uncertainty in the near term so I'm not interested in calling a bottom, nor do I think there will be a meteoric rise back to the highs anytime soon. 

What are your considerations for buying new property at this time vs keeping an acceptable reserve fund to weather the storm and not miss opportunities due to fear?

- Do you take into consideration the condition of the property?

I don't play the futures game like some have suggested as I don't see the value in rooting for a market to tank or rise without sanity in play.

@Courtney WenzelWell, probably the biggest consideration is whether or not the state's Government considered "real estate" an essential service or not.