1031 exchange into BRRRR. Let's talk strategy!

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Hello BP community!

I'm still fresh in my Real Estate life, but I'm looking for ways to get creative with buying and selling properties. Currently my favorite strategy is the BRRRR strategy, I'm looking to tackle BRRRR with a buy-in-full approach. However, I currently do not have near enough to buy a property in full so I was doing some research and a thought came across. If I were to get a property on a mortgage, do all the necessary repairs, paperwork, screening, etc, hold for a certain period of time to meet my needs, then 1031 exchange into a property that I could buy in full, and then start my BRRRR strategy that way, do you guys think that would work? Not sure if that's an old strategy but that's one that I believe could work, but I could be wrong. Any and all thoughts and opinions are welcome! Sidenote: I'm looking to get into rental properties, starting with a duplex.

Here's a walk through of what I mean, this will be extremely simplified:

First Property: 40K (Repair money I can get creative with)

Purchase: Conventional Loan

Hold: One year

After One Year: Sell Property and put capital gains through 1031.

Next Property: 40K in full (Repair money I can get creative with)

After finishing the second property deal, I can begin my BRRRR strategy.

What's you guy's thoughts on this?