your opinion?

[Roberts Evarsons]

I got only little understanding about real estate investing, but my heart beats faster when start only think about it.

Why I am here? To get some opinions from smarter people.

2 room appartment rented for 200$ monthly, thats my only asset.

My goal is to get another good asset in my city.
I have a friend who is bankrupted, his 3 room appartment forfeit by bank. My friend pays 170$ each month bank loan. I offered him to get care of his monthly payments, I just need to sign real estate under my name, get tenants here put monthly price 200$, and there will be 30$ passive income each month and after 7-8 years real estate becomes mine. what do you think about my idea?

Sorry if this is very funny for you, just did not know where to ask it
Huge Thanks,
Roberts :)