While I am younger than Patrick I am on the same track as he is ( I am 45 and currently manage 15 properties while working full time)  And would like to most likely exit completely at age 60 and find something truly passive yet still give me as close to the yield I am generating now (between 14 and 22% annually) I don't expect to get the returns I am making now on my rentals while self managing but at age 60 I hope to scale down my cost of living as well and not require as much, plus I will have 401k as well as social security so my plan is to have multiple streams of income. 

Anybody have any thoughts on paying for cable vs. netflix (or other streaming service) in an Airbnb?

This is another income stream but it's useless if you have a small operation.

If the MLS shared their data stream, then Zillow would be properly updated. 

If you have a stable income stream, DFW is a great investment.Memphis Invest underestimated my gross rents for property 2 and 3.

If you sold the land and bought something already built with national tenants and long term leases the cash flow stream tends to be more stable throughout a full cycle.  

A Tax Audit is not fun, and even if you have to pay a small penalty, it will bring the blood pressure up.  

@Trevor EwenEventually we looking for passive income but at this point we will be as hands on as we need to be to build up to the point where we can afford to invest in more passive streams. 

Friends, family, even people I found from posting ads on CL have enabled me to continue to accumulate more properties...which are income streams.

Our strategy is to buy and hold and have a steady stream of passive income.