4 green houses 1 red hotel

[Damion Byros]

I have been lead to believe that buying and holding real estate is a great idea. Do you think acquiring multifamily properties 1-4 units and renting them out collecting rent payments from the excess rent minus mortgage payment , insurance , taxes , property management if you have it and any problems that may arise is a good idea and then doing a 1031 exchange to use the value of these properties when you sell to then put as a down payment on a apartment building . Yes I know there are many consideration to take into account such as can you sale the multifamilys for a profit and have enough profits to exchange to even match a down payment for an apartment building and would the banks even work with you please help me out with any knowledge you may have on this idea thanks appreciate all