Renting the PropertyIf your parents rent out the home, they have multiple income-generating opportunities: Renting As-Is: A 4-bed/2.5-bath home in a desirable area could command a high rental rate, likely around $2,500–$3,500/month, depending on local market conditions.

I’m no longer house hacking, and all three units are rented out, generating a total of $8,200/month in rental income.

Thanks all looking forward to growing some generational wealth. 

Hello all -I have been thinking of getting into realestate investment for a while with a goal of generating income stream (today my only income Is through my job - I make decently as a senior exec). 

if you buy a random property on Zillow and turn it over to people you have never met, you will very likely lose money, get frustrated, and set yourself back.if you're serious i'd pick a market and plan on making several trips there. 

It's very rare that somebody just gets randomly shot 9 times by a stranger.

I remember spending entire weekends crunching numbers, gathering receipts from random shoeboxes and backtracking through countless transactions in my bank account.

If they qualify as tenants, you might need to honor tenant rights or negotiate a settlement to vacate.Market Potential: A two-family home and a single-family unit could be a great income-generating property post-rehab or resolution.

While I’m not an investor myself, I work with highly trained VAs who support real estate professionals in generating direct-to-seller leads.

We just randomly switch out cores between tenants.