Should I sell and 1031 the equity into a apartment complex where I can increase my net per month?

My friend makes 10,000 a month per house he has 5 houses he rents.

Hey everyone I just moved into the area a few months ago, and I would love to learn how to wholesale.

He ended up taking my underwriting/origination escrowed money and strung me along for six months, frustrating me, the realtor, the seller, and making my negotiation potential crumble.

Since our residents are traveling "light" to a furnished property, their coverage only costs a few bucks per month. 

The main factor is will rents cover the debt liability and can you sustain 3-4 months of no income to cover the debt? 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

I became a select mentee of theirs about two months ago. 

I am in Milwaukee, very hot rental market.Whenever you have an issue like this, think with an XLS and project dollars, for example:- 2 months lost rent: 2 x $2000- 5% lower purchase price: $15,000 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.