Real estate is NOT a passive investment and requires lots of analysis and education.

Most 1031s will start in one location and end in another anyway. 

Quote from @Praveen Kumar: Hi everyone,Me and my wife very new to real estate investment and yet to buy a property.

You can do less than 20% down (as low as 3.5-5%) if you intend to occupy the home for at least a year.2) There will be an HOA (homeowners association) which restricts rentals, so be sure to read the CC&Rs (governing documents) to ensure that your rental strategy is allowed, even if you intend to live there at first, eventually you'll be transitioning it to an investment property, so this will be important.

Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I wouldn't recommend this as a starting strategy for anybody.Market Auction: There's probably a better term for this but anyone who owns a property can sell it via an auction.

@Krista Lance, I would say with 7 properties that its a good time to start thinking about bookkeeping software.

What kind of investing are you looking to do?

Proof of concept seems to be a key part of your strategy starting off.   

Using a calculator to project what a syndicated investment "opportunity" might do is akin to masturbation.