If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

You will need to build your CORE 4 when you get started which consists of having a great realtor, contractor, property manager, and attorney.

There is probably next to no one making consistently $1mm after taxes per year on this forum.    

Then the partnership can be on title as the owner of both current properties and then the partnership can be the consistent taxpayer for a clean 1031 exchange.

The key is staying consistent and networking with the right people (you’re already in the right place!).

Also a 4Plex usually consists of 4 smaller units...which doesn't rent very high. 

I'd recommend starting with a solid market analysis to find an area with high rental demand—look at vacation spots or areas with events that draw consistent visitors.

Since you are in Long Island and considering these areas, the best thing to do is to take a trip up there and decide for yourself.Take an area like Philadelphia.

I can say for certain my top 2 moments of the conference were the initial guided networking session lead by Andy Gil, really was a great small group of investors and I'm confident I'm going to consistently keep up with their journeys!

I would definitely need to dive more into risks with the structures and sponsors, but it definitely keeps me in the direction I've been moving and seems to be consistent with what I am looking for.