Installing VS Ultimate and Community on the same computer

I use VS Ultimate for work and would like to use VS Community for my own side projects.  If I install community first, Ultimate seems to overwrite it.  If I install Ultimate first, the Community installer says to first uninstall Ultimate.

I came to this forum with exactly the same scenario:
VS 2010 Ultimate on Win8.1, looking to replace this with VS 2013 Community.
I'd like confirmation that the situation has not changed and that we must uninstall VS2010 before installing VS2013 Community.
I'm concerned about "residue" being left over from an uninstall - files, registry keys, etc. Is there any documentation for doing a complete wipe of VS2010 before a new version?
I have licensed addins for VS 2010 and uninstalling will cause these to deactivate. So this is a big deal. Vendors are saying their addins "should" work with VS2013 Community so I'm ready to make the jump. But if I uninstall 2010 and then have
issues with 2013 I can't go back. Where if these release could co-exist then I could both as required until I could do a cut-over.
The only reason I'm changing (and I feel like this is a sort of downgrade of features to an upgraded release) is that I need to use async code, but it's my understanding that this absolutely will not work with VS2010. Can anyone double-confirm that please?
I need to make sure I'm doing this for a good reason.
Thanks!

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