Buy multiple SFR or MFR with a 1031 Exchange

[Israel R.]

Hi,

I am looking to sell one of my property's and use the 200k in equity to do a 1031 exchange. I am contemplating if I shoudl use that money to buy multiple SFR or 1 MFR. I am thinking the best approch is to use the 200k as a down payment and finance the rest.

I am looking at markets such as Indianapolis, IN, Kansas City. MO, and possibly St Louis, MO.

Does anybody have any thoughs or experience in those marketsl. Has anyone does this before that can help me figure out some of the details.

Thank you in advance and Happy investing!

Israel Robles