Shoot Down My Beginner Strategy

[Tyler Garza]

Looking to get going on some real estate so I can replace my wife's income and she can quit her job. Please poke holes in this strategy. We currently live in a 1000 sqft single family home that we pay a mortgage on. My plan to get going is to buy a new house and move. I would then form a corporation and get a tenant for our old house. Then as quick as is feasible "sell up" into a multi family with better cash flow and start stacking for the next investment. We have around 100k equity in our current home. 

Does this seem like a good strategy to get going?