Of course when doing the 1031 exchange your basis will carry forward into your replacement property.Where you have a potential issue is establishing your intent to hold those properties but immediately selling one or more them as soon as you have them ready. 

This issue also naturally drives up deductibles.  

It was high rent, low entry point area but within 6 months I dealt with an eviction and electrical issues.

One of the issues I have noticed is that some people think of a flip house as being the cheapest possible rehab. 

But structural issues can kill you.

I’ve taken time to study markets in each state and identified a few promising opportunities.

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

Turning the management of the rental over to a property manager can relive a lot of these issues.

Getting them all I same room however would be an issue.  

The only issue I've had is a small period where the laundry pods would always be empty at turnover.