We have a couple of properties that required some work, but we know nothing about that part of investing, so we have a joint partnership with other investors who ARE qualified to do that work, we both benefit from the transaction. 

Now after a couple of our deals we have more capital we want to leverage to get 2 to 3 rehabs going at once, rather than one at a time. 

Maybe a long lost relative has a handwritten deed that entitles them to half the property.

If not for BP, I would have never thought to use the BRRRR strategy and House Hacking on this property and would have just thought of it as a lost cause because of the amount of work needed for the unit.

@Cynthia Reddy, there are a couple.

I can get a C area for 40k and B area for 50-60k, so I usually do that And are you happy with having a couple of these homes bringing you 1000 bucks in cash flow monthly?

If they want to but specify that even if they don't, landlord isn't responsible for lost possessions. 11.

If the couple breaks up and one person moves out, you'll want to make sure the other tenant can afford the rent on their own. 

I have a couple questions about this scenario:1) Are there creative ways to finance another rental property or properties to fully utilize the 1031 tax benefit even if we are having problems qualifying for financing?

Some other research that I did indicated that if there are multiple owners which have all occupied the house for some 2 of the last 5 years, then they all can benefit from the 500k deduction (if they are couples, 250k for individuals).