I'd recommend against this. 

If so, I always recommend getting the study done prior to rehabbing.

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

@John McKee what would be some companies/funds you would recommend?

@Edwin AlvarezI recommend finding local meetups to attend. https://www.biggerpockets.com/forums/521I have found all of my best connections at local meetups.

Does anyone have any recommendations? 

Hey @John FriendasI have purchased 4 of my Co-Living (rent by room) properties with DSCR, 1 of them within the last few months.Not that I necessarily recommend this, but there are short-term-rental DSCR products.

Could you please recommend any local real estate agents?

Not much, but something to keep in mind.They are all good options, I would also recommend a place where you are physically the closest to or can get to easily.

Hello Michael,I echo Jon, completing a 1031 of a single rental into DSTs in straightforward however we typically recommend a portfolio of DSTs for diversification and financial objective purposes.