Likely, a residential lender would not allow you to purchase both properties on the same loan, as the properties have two separate addresses, insurances and tax identifications.

Please let me know if what I have is incorrect.I know the gist of 45 day identification period and 180 day close, and 200% rule etc.. but when it comes down to the guts of actually doing a 1031 exchange I had a very hard time getting into the nuts and bolts of it. 

If they can't find good properties in the 45 day identification period they will cancel the exchange and look at an Op zone or Op fund. 

All of our guest are pre-screened for identification, pet free, non-smokers and typically only stay for 1-6 nights.

The old fashion way is the best according to me. 2.I had some challenges opening a bank account: the requirements for many banks was to have some kind of US ID as a primary identification plus your foreign passport3.

The investor then has the opportunity to structure the LLC to provide additional protections related to anonymity, separation of assets, and identification of amounts of interest.

From deal identification to deal underwriting and subsequently offer submission, there a lot of things to take into consideration.

@Vin Lanzafame this seems messy to me personally because if anything business related goes sideways you will be stuck with this very informal arrangement with your sister.

But the limitations on identification in the 1031 can limit what and how much you purchase.The BRRRR model is a good one whether or not you're a novice or experienced investor.

So the identification of class A, B, C, and D neighborhoods, even with the intention to invest in them, could be racist.