Combining this with tours or small events can add extra income.Lease Mineral or Water Rights: Depending on the area, leasing mineral or water rights can be a potential income stream if there are valuable natural resources under the land.

@Mike Most this is one of the few times we disagree with @Adam Bartomeo:)It really depends on the specific market the property is in.

But that doesn't make most of them good, it just means they are spending more on marketing than the rest.So where to start: well that depends on what you want to do.  

Quote from @Bryce Nesbitt: Sure, but you can't depend as a MF owner on everyone setting their car timer to match the building needs. 

Of course a lot of depends on the specific market you are in. 

It's just an estimate.For rentals, it depends on the type of rental.

The best strategy depends on your goals, but here’s a breakdown:Selling outright would result in paying capital gains tax and depreciation recapture, but since the appreciation is minimal, the tax impact may be relatively low.Gifting the property to your son could potentially allow him to sell it with a lower tax rate, but since he hasn't used it as a primary residence, he won’t qualify for the exclusion of capital gains tax on a primary residence, and you'd need to account for gift tax implications.1031 exchange could defer taxes, but you would need to purchase a like-kind property of equal or greater value and meet all the IRS requirements.

However, depending on the Trust Company you work with, you might have more options with respect to the diversity of public and private market investments.

Hey Alvin,Yes investment HELOCs are an option depending on the details. 

It depends on the guy you get, but typically not a big deal.