There is one student who is my contact who I deal with, he is in charge of collecting rent from the others then on the day rent is due writes me a check for the full amount.

As time passed, the books and CD's collected dust and were eventually stored and we both went on about our lives. 

Do you think acquiring multifamily properties 1-4 units and renting them out collecting rent payments from the excess rent minus mortgage payment , insurance , taxes , property management if you have it and any problems that may arise is a good idea and then doing a 1031 exchange to use the value of these properties when you sell to then put as a down payment on a apartment building .

Then collect funds from whomever is going to be the replacement tenant. 

From what I'm reading, if we signed a contract giving me a commission or if I actually collected a commission that would be illegal.

Usually I sent a message or a phone call to confirm the rent collection date.

I want to know what your opinion is on buying multifamily properties 1-4 renting them out collecting cash flow and then doing a 1031 exchange to pay for a down payment on an apartment building thanks 

The tenants indicate that because the pets are certified companion/service animals I cannot collect extra rent or additional deposit and my interpretation of the law seems to agree with this view. 

Hello, I could use some guidance, My mother was left two properties with 5 apartments here in rochester byShe's owns them in part with family and is trying to manage them There is extensive plumbing damage as well as needed updates She had no credit or moneyAny ideas as far as private funding for renovationsShe owns the properties outright there's value in them Wouldn't need much 20 or 30k

Another thought is to sell it with seller financing and collect the down plus interest.