@Brian Ovalle, You can combine 1031 exchanges to purchase larger properties. 

Since the start of the year, I've read a handful of BP books:- Rental Property Investing (Brandon Turner)- How to Invest in Real Estate (Brandon Turner/Josh Dorkin)- Investing in Real Estate with No (and Low) Money Down (Brandon Turner)- BRRRR (David Greene)- Multifamily Millionaire Volume 1 (Brandon Turner/Brian Murray)- Start with Strategy (Dave Meyer), currently readingI was thinking of using the equity to BRRRR small multifamily properties and combine some concepts from both the BRRRR and Multifamily Millionaire books (specifically making cash offers via HELOC to secure distressed properties, ideally vacant to set market rents).

Our combined expertise and strategic approach enabled us to negotiate favorable terms, ensuring a successful whole-tailing transaction for Partner Driven.

On any project, labor and materials are combined.

Together, we negotiated the purchase price of $136,000, leveraging our combined market knowledge and strategic approach.

Combined this leads to high cost of leveraged purchases. 

Something in every house breaks in the first three months that costs $5,000 so if you are making $150/month, you just crapped your cash flow for multiple years.

Be ready to hunker down, more crap coming.Sorry for the blunt message, but I tell it like i see it and as a  69yr old, ol'fart no sense in trying to tell something to someone that just might hurt them more in the long run.  

Or maybe you want to do a combination of the above?

I did conversions and what you are doing for 5 years in my market in every combination including condo projects.