Would working with a property manager also be helpful in terms of making the income stream as passive as possible if the costs aren't that high?

The draw is that you can buy at the capitalized value of today's income stream, strip the LURA and convert to market rate at significantly higher rents. 

The elderly you hear die are often in nursing homes or alone at home where no one give a crap about them and they cant take care of themselves....yes it happens...but if you are physically capable of taking some action, the risks are very very tinyI would treat it the same way I would treat it for my own family...... not paying big $$ to fix it as an emergency...... fans, portable AC units, going to the mall or the movies or somewhere cooler for the day....suck it up....life will go on while I get it taken care of as promptly as possible...urgent....but not an emergency in 99.9999% of cases.The portable AC units are the best solution...... will do a decent job while you get the solution to the bigger problem figured out.

The person worth 10 million likely has many other revenue streams going to make up the 200k loss in a short period of time.

The reality is that as a C/D landlord you should not be swimming up stream against the current.

A few months ago, I also got my real estate licence and I'm beginning to work on that new revenue stream while working my full-time job.

Each of these devices sends constant stream data.

If they want an income stream, they may jump at your offer.

I’m exploring this site and real estate in particular as a way to increase our cash flow, ease up our responsibilities and increase our choices in how we live our lives.I’m particularly interested in multi family investment properties, first to move my 22 out of my house (anyone familiar with Denver will know the housing cost situation here is tough), and second for passive income streams and equity building for my children’s future. 

My understanding is that she is not able to stream Netflix on her smart TV.