But I haven’t identified the properties yet, which lenders usually want to see through a formal application. 

We identified it as a promising deal that could be transformed with the right renovations, allowing for a substantial return on investment with strategic improvements.

These areas may offer better long-term appreciation potential.Specific Neighborhoods:Research Local Demand: Talk to current students, university housing offices, and local real estate agents to identify neighborhoods with high demand for student housing.Check University Plans: Universities sometimes have expansion plans that can affect housing demand.

One way to navigate this is by identifying multiple potential replacement properties early, giving you more flexibility.

Partner Driven specializes in identifying properties that can yield fast profits with limited upfront investment, making this an ideal opportunity.

Also, if you understand the investment side, you're able to look down the road a ways, identify potential issues, and then work with the investor to address the issues now before it's too late. 

I assume next question would be how to identify one like myself, well versed and experienced in such?     

Tell each lender you have a term sheet from another lender and identify what you like most...

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.

We encourage you to get an inspection report to identify all these items so we have the chance to go in to address them.