They're often hard to identify though. 

You’d have to find somebody else like me since I don’t invest in the Philippines.I select the market where I invest based on a friend’s research who has been traveling the world to identify the best markets with the best opportunities.

You identify an interest expense, so can I assume that no principal is being paid down?

A replacement property must be identified within 45 days of the sale of the original property.

Once you've identified warm-to-hot leads, focus the majority of your attention on those.

The key is being able to truly identify a deal and be in position to make offers.

This is an important metric because it will help you identify how you can use your money more effectively.

My quandry is whether I need to arrange a 1031 as part of the sale to avoid the gains, but then I am faced with identifying 3 properties within 45 days and closing in 180 days.

Have about 1 week remaining on 45-day clock to identify replacement properties if we proceed with the 1031 (monies are in escrow with QI), so need to wrap this up soon.

If you want to buy something else, within 45 days of selling you must identify 1-3 properties (you can identify more but then you have to buy more and things get complicated.)