We are building multiple streams of income; this is currently one of them.

My team & I are looking to host our first meetup at a new workspace in Brooklyn founded by one of our affiliates (read more about the space here https://www.blackenterprise.com/innovation-hub-creatives-brooklyn/).I’d like to get a gage on if there are any local BP members whom would be interested in attending or possibly even being a guest speaker.

Here in California, there are potential statewide mandates that would Upzone properties for bigger and denser developments if they are located in and around major public transportation hubs, ie- metro systems.

How does spending time & money removing an income stream from my life only to replace it with another one that may or may not be worse increase my bottom line?

You will get a lot of responses and many won’t be a good fit, but over time I’ve stream lined my process and usually have a place rented in about 4-5 days.

UTC will be the next hub/downtown of San Diego without the transient & homeless population that is tarnishing downtown SD.

The stream lined approach that you shared sounds great to me.

Quick overview: FHA/203K stream line LOAN at 4.25%purchased a duplex for $299k in Boonton NJ. 203k at $19,800 on chimney repair, roof, and miscPITI + MIP $2,771Rent: 1,700First water/sewage bill is $78 per quarterEstimated rehab cost is around$50k ish and I am hoping to do all the updates within the first year.

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.