I have heard that you need to have 7 streams of revenue.

That this could catapult our REI plans and lead to an income stream that could allow us build some serious wealth. 

I'm now thinking seriously about how real estate investing may help me fulfill my need to diversify out of stocks and create a relatively passive stream of income that will help supplement my retirement and, going forward, help provide long-term for the needs of my adult autistic son.  

At the very minimum something like the Defense Tech Mk-6 stream spray. 

I'm looking to put some money into real estate to bring in another stream of income.

My go-to is Hub City Title.

I also have income streams outside of my rental properties such that I don't actually need any of the cash flow.

Proximity and identification of higher worth asset pockets becomes difficult/volatile to predict.Political environment and societal expectations that can be borderline ideological with regards to the aboveIf the crime does not get under control (see the above thoughts on education, gini, poverty, etc) this will weigh on perceptions and asset values for years to comeOn the upside:Indy is positioned well as a logistics hub which fueled growth, and it has a reasonably diversified economy.There is access to high quality higher education in the area.I will not invest in Indy although I did look at it awhile back.

This process has turned into a real revenue stream for some.  

@Erik Azevedo ,It's your first property, and you might not have a solid stream of income coming in, so, yes, you ought to keep $15k on standby until you can collect some rent.