In my opinion, the most effective approach is to close on the property and take title.

Outside of real estate, we enjoy boating, golf and hanging with family and friends.Excited to learn and connect with you all! 

Hi Jake, Would love to connect and discuss a bit further what it would look like for you specifically.DSCR loans are a great product and in some cases are actually beating conventional loans.

Depending on how long they are giving you to close - you may be able to go the hard money route.

I think we had 60 days from closing to move into our unit.

About to close on my first STR in the Knoxville, TN area...what software(s) could we utilize to best manage it remotely?

Just looking to learn and connect as I start this journey.

The title company, lender and realtor where also unaware until closing.  

Our temps are close to 100F this week where I am in Canada (yes I had to convert from Celsius) and even without AC my house stays a lot cooler doing those few things. 

The rules regarding the 45 days for identification of future property and closing within 180 days still apply so as long as you close all the properties within that time you should be fine and pay no taxes for the 1031 exchange.