There are lots of situations where we'd say the guy is living there but a new couple wouldn't think of him as living there.

We have a couple of properties that required some work, but we know nothing about that part of investing, so we have a joint partnership with other investors who ARE qualified to do that work, we both benefit from the transaction. 

Now after a couple of our deals we have more capital we want to leverage to get 2 to 3 rehabs going at once, rather than one at a time. 

I currently have no homes in my name but I am married and fear that I wont qualify for a first time buyer and would have to put 25 percent down as a investor.

@Cynthia Reddy, there are a couple.

I can get a C area for 40k and B area for 50-60k, so I usually do that And are you happy with having a couple of these homes bringing you 1000 bucks in cash flow monthly?

If the couple breaks up and one person moves out, you'll want to make sure the other tenant can afford the rent on their own. 

I have a couple questions about this scenario:1) Are there creative ways to finance another rental property or properties to fully utilize the 1031 tax benefit even if we are having problems qualifying for financing?

Some other research that I did indicated that if there are multiple owners which have all occupied the house for some 2 of the last 5 years, then they all can benefit from the 500k deduction (if they are couples, 250k for individuals).

Would love to connect and pick your brain on a couple of things/experiences and especially PM companies!