The seller was willing to take a secondary position on other property assets and provide a 3yr 4% interest on his loan.

Spreading funds across 2-3 properties could provide diversification and steady cash flow.

Minor termite remediation as well.

So, not really passive.Investing in rReal estate offers a lot more control than investing in stocks, but it also requires an investment of time to do well.

Even if one has to provide the education to some of the parties as to why a particular creative solution makes a win-win-win for all. 

I immediately recognized that the listing agent/property manager had the current rent well below market & the asking price massively wrong.

This may provide low cash flow up front but it is a way of scaling if you are good at adding value and then trading up that value.

I know the market pretty well.

Make sure your listing clearly outlines your screening criteria as well as your "house rules" if you're renting out a single room in your home.

It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.