I am a resident physician in dermatology, during  medical school I bought a property in Denver with an Interest rate of 2.75% (COVID rates lol) with the goals of renting it out when I moved onto the residency.

Looking to find duplex or something along those lines to reside in and then eventually move upward.

In the second you have two tenants with 3600/mo rents and lower costs, if one moves you still have 50% revenue coming in diversified across two properties.

Why so many move away from the and thus makes the problem worse.

They are sure to move on at the end of their lease term. 

.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

If you are going to move forward with this deal, you’ll want to have a review of HOA financials.  

It’s when homeowners who locked in ultra-low mortgage rates during the pandemic hesitate to sell because moving would mean trading up to much higher rates.

The asking price is under $125k and like mentioned earlier, the renovations would be 50% so there are major repairs (not move-in ready). 

Of course, if we have another available unit that's similar to the one they were looking at, I'll pivot to that and offer to move their current application over to that unit as long as they would still qualify under whatever the new unit's rent is.