It was a beautiful wooded corner lot with a stream, in a suburban neighborhood. 

And honestly, if you have a trusted GC managing your project it isn't as hands on as you'd think.This is a great way to start putting your money to work and still keep your regular income stream.100% you can start flipping houses part time.

For the last five years or so, I've received a steady stream of calls, texts, and even paper mail about those properties.

Yes, turnover is high, but the guarantee of a stream of possible tenants is always available.  

Still own the cashflowing duplex which has become an income stream for me.If you can afford it, you're crazy not to take advantage of the $250k-$500k tax-free capital gains on your personal home in Hawaii.

If you get off that horse in mid stream, you might get wet.

More important to me would be her recent rental/housing history and her income stream; how much and how stable is that income?

I also have reserves from many years working in IT, which I continue to do every day, but I am working towards replacing that income stream.  

(Between franchise and leadgen fees, I netted a pitiful 28.5% on those leads)It's really hard to pound out your own phone calls when you answer a never ending stream of telemarketing calls and those who just want to leave a message for the broker.Walk-ins and call ins as new leads (the supposed big payoff for desk time) were virtually non-existant.  20 years ago, sure.  

Under normal circumstances appreciation is just the icing.Tenant training is essential to streaming lining your business.