Need bigger pockets helps

[Justin Garrett]

I currently own a town home in San Diego that I purchased back in early 2010 and have rented it out for the past five years. It is not a cash flow monster but has built up some nice equity in the last six years. So where I need help or guidance is I have been doing a large amount of research in to multifamily and would love to get small complex with my 1031 exchange that should be a little over $100,000. I also have another property with about 30,000 dollars equity. I would be working with about 130,000 but with compressing cap rates is it really worth getting in to the market also with the time constraints on the 1031 finding a closing a deal that fast I think might be trouble some. Should I look for other alternative ways to invest my money like notes. I am in military for at least another two years and would love to have a little passive income on the side making it easier to transition back to civilian life. I know it's a little all over the place but just really want to use the 1031 to avoid the taxes for now and hope to upgrade to more passive income.