If a person is looking to create a note that investors that purchase these types of investment vehicles would look favorable upon, the following guideline are suggested.

I'm looking for the right way to just ease them out by making it look like I'm doing them a favor not evicting them.

https://youtu.be/xvRR5BEriUQWhile searching through the properties, I realized the price ranges in Denver really seem to favor FLIPPING homes.

Account ClosedAs Dave has mentioned, 1031 would not work in this case.Unless you qualify for the partial 121 exclusion, you should anticipate to include STCG which would be taxed at your marginal tax rate if the sale occurs within 12 months.You should anticipate LTCG which is taxed at favorable rates if the sale occurs after 12 months of ownership.Consider both federal and state taxes.

Buyer is coming in with a good down payment, an interest rate favorable to us, good income, and willingness to do the deal.  

I'd say the effort/reward ratio is heavily in my favor with this practice.

Offer favorable terms for anyone willing to invest in you and let them know they will be your preferred lenders moving forward. 

While you won't get the rent i think you may be in a slightly better position because as others have mentioned above, you now can search for a new, hopefully more qualified tenant, and get a more favorable lease in place, hopefully with a higher rent. 

And most importantly, Colorado Springs has favorable STR laws. 

Fortune favors the bold!