Ideally, both kinds of buyers are able and willing to pay a premium price, hopefully in a cash-only deal, for their urban oasis in Spain (whether it'll be their main or second residence), as long as it's modern and ready to live in, which saves them the hassle to renovate it themselves.

Taking the primary residence from a 3 to a 4 bedroom, adding HVAC, new open floor plan, modern kitchen and bathrooms as as well as adding massive walk in closets in two of the four bedrooms.

If you sell two properties at, say, $700K and $300K respectively, then you can either combine those into a single exchange and buy at least $1M of replacement properties OR you can split them and have one exchange trade for at least $700K and another for at least $300K

Here is the scoop:About this Market: Toledo, OH, emerges as a prime market for property flipping, thanks to its combination of affordable purchase prices, economic revitalization, and strong rental demand.

Or do you use a combination of something like a ring camera and schlage lock?

We’ve gone through the process of doing an application and submitting the required documents, and our lender is saying our combined income is too low, even with a significant down payment. 

@Dave Foster have you ever combined a 1031 with a CRT?

Alternatively,  you can buy multiple smaller properties in a 1031 that combined add up to your initial sale value.  

It's best to learn as many approaches as possible and find the combination that works best for you.

The reality is the resale value might be greater if you combined two of the one bed units to make a two or three bed unit so the property would be a four unit property and qualify for the 30 year debt financing of conventional owner occupied multifamily property.Another option would be to split off the house and sell it as a separate unit.