Ultimately, we plan on relocating there, but not yet. 

It can immediately reduce housing supply in one area and force people to relocate.  

Vacationers, military, medical professionals, business travelers, event guest, job relocations, etc..

Will insurance cover the cost of replacement and the cost of relocating tenants to a hotel?

As a full-time remote worker with a nice salary and solid savings, I am able to relocate if necessary.

@Amy ShutesIn a similar boat as OP .OO Triplex PP $725kloan amount $505k (27 yrs left )PITI $3700Rent From Two units $5000Expected Sell Price 1 MilNeed to relocate but confused on whether to sell or holdAppreciate your inputs

The seller has accumulated a lot of equity and is ready to sell and relocate.

Affordable housing is out there just takes folks willing to relocate .

P.S.S - I do plan to reside in the duplex for the first year and will relocate for the right deal. 

Consider a sale: If she's willing to consider selling, it's essential to evaluate the financial implications, including capital gains tax, closing costs, and potential relocation expenses.