The federal government and state of Colorado have numerous rules and laws to protect tenants and home buyers from being discriminated against.Here's a description of the Fair Housing Act from HUD's website: "...as amended, prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant women, and people securing custody of children under the age of 18), and disability."

Somehow I don't see them willing to give up taxation of that investment gain so easily.2. this is born out with a statements from Pub 523 You can meet the requirements for a partial exclusion if the main reason for your home sale was a change in workplace location, a health issue, or an unforeseeable event.  

In my local market there are numerous 3% down conventional products for single family, 5% down conventional products for duplex, down payment assistance on more than 1 unit properties, tax credits, all kinds of programs that have other ways to benefit owner occupant buyers. 

So while there's a lap pool, gym, concierge, bocce court, and numerous other amenities, there's nary a tub in the place. . . unless you count the tubs in the dog spa.

@Jimmy LieuIt is always a good year to invest in real estate.2 things people will always need... health care and a place to live.

As a lawyer (but neither a health care nor tax lawyer, so I may very well be in over my head) I took a look at tax court cases and found a consistent theme:  courts holding that real property is never considered to be "merchandise" and thus cannot be inventory. 

My mother struggles with her health , and over the last few years since the demolition I recently came into some extra cash - literally as I’m waiting for the check to clear in the bank , license and inspection put a notice of “unsafe structure” on my mothers door and told her she had 30 days to get the crack fixed or her home would be demolished !

Please recognize them as “companion animals“ integral to her emotional health.

Hi - On a LAundry Room issue - install another one or two washers with dryer if there is room, this is just food for thought - apparently the person or persons involved, they have lots of clothing they need cleaned - how can u control a person health and welfare.

You can get an estoppel from the tenant as to their personal information and current rental agreement if necessary.Adjacent properties, including property lines, and neighborsNeighborhood, including crime historyVisit the property and neighborhood numerous times at all times of day and night and observe what you see and hearAlso, look at current zoning and anything in the pipeline from the city planners office about the areaPublic transportation accesssPolice and Fire District info regarding services providedInsurance you will needFinancing you may needAs to what the property management company may need or want.... ask them!