Agree with @Thomas S. and @Joe Villeneuve :  Extracting the equity to redeploy into either a new asset class or a diversifying RE income stream would mitigate the risk of that equity evaporating due to market conditions. 

And that is the combination I used over a period of 7 years to take a duplex in Denver into a Long Island Sound Movie set and vacation rentals in FL and slowly turn those into primary residences which were then sold for the sailboat we lived on for a decade. 

Hello Everyone,I've been thinking of integrating a rental property into my income stream for a few months now, and it seems that a unique situation has appeared that I may be able to take advantage of.

Shared tenant monument signs generally they do not have rental increases so the cash flow stream counted in the NOI diminishes year over year in value.

The apartment building is now a sweet additional income stream for us.  

(C) It requires a seller sophisticated enough to understand what owner financing means and to appreciate the value of the income stream that will accompany the promissory note.How many sellers of residential real estate do not need the proceeds from the sale to (a) pay off the existing mortgage, or (b) use toward their next house, and (c) are sophisticated enough to become a lender? 

Note, they can also be reinvested into something else to create additional streams of income. 

To me, it's all about generating additional streams of income.

Knowing you have multiple streams of income makes work challenges just a little easier to manage.So glad you've already plugged into the podcasts - just a wealth of information there that helped me so much when I started out - and honestly, it still does today. 

Love the show "Canadian Bacon" and my wife as the resident Canadian, roars over the movie.