There are specific rules for 1031 exchanges including:The replacement property must be identified within 45 days of transferring the relinquished property.The replacement property must be received within 180 days after the transfer of the relinquished property or the due date of the taxpayer's tax return, whichever is earlier.Special rules apply for exchanges between related parties (defined in § 267(b) or 707(b)(1)).Real property located in the United States and real property located outside the United States are not considered property of like kind.Cost Segregation StudiesA Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

You have to research, study and find the indicators on various I.D.'

Which appliances can I include in the study and on what cases?

A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand.

Study the market.

Being 1.5hrs of NYC gives you a lot of options, even Long Island (which typically has more options for public commute into NYC).Give me a shout if you'd like to chat more, I have a handful of case studies on my site as well from deals I've closed/brokered that match the househacking criteria you're aiming for. 

Along with connections to IELTS Testing firms in India we have began what we refer to as a "pipeline" for international students looking to come to rural parts of eastern Canada to study.

Every time I hear 1% cash flow I stab myself in the arm with a pencil - my arm looks like Swiss cheese now....hahahaSince you're in Gilbert, why not invest locally where you can walk properties and you know that area?  

IIRC you do not need the cost seg study to be completed before the end of the year, although you do need to have your rental "in service" before the end of the year.

Would you be interested in connecting and working together on a case study from 0-D/C class property?