If you lived in it 2 of the last 5 years, you may not need to do a 1031.

Is there anyone well versed in Colorado law that can answer a few questions before I consult with a lawyer?

I am looking at more LTR of SF, MF or commercial properties in markets that cash flow well.

Ideally, I would like to buy in the Catskills since it’s close by, a popular year round destination from the city and has a history of vacation rentals but I know there’s more and more talks of regulations so I am open to other areas and would love to hear your thoughts/experience on the area.Would love to connect with anyone who has interest in the area and the short term world as well as agents familiar with STR who could help us in our search.

This last statement will get them moving.  

If you are still looking, I have a great guy based down there as well.

Last year, I shared my ambition in this forum to house-hack my first property using the $30,000 I had accumulated through years of investing.

As the consumer, we should be well prepared with your personal info(credit scores, dti, taxes, insurance, etc) to get a baseline estimate.

I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.

Well, they want to redeploy the capital so having them kept with a third party negates that purpose.