Lost income is unimportant to hobby landlords, their priority is to do as little management as possible and believe supplementing tenants rent will hold them longer and therefor avoid him having to do any work.

Most of the agents driving around in Cadillacs are done raising kids, have pensions or are supplemented by their spouse's income, and they have decades of work/life experience to help their success.

If they stay you are supplementing their rent and if they leave the new tenant would be paying market.

It makes for great supplemental income, but I have found it too unreliable to rely on as my primary source of income.

At the moment I'm looking to supplement my income.

Next, buy an investment property under the hypothetical assumption that you are the sole owner and that you can not rely on a girlfriend, wife, or roommate to supplement your payments.

They will help supplement the hot water from the tank.  

I do have a good paying job in finance and I prepare taxes to supplement my income of which I haven't cashed out on this season yet.

Hey folks,Would like to get a local person to either supplement my guy from WA or transition over.General counsel with a real estate focus is probably ideal. 

The long-term goal is to develop passive income to supplement my pension by either BRRRRing or flipping/pyramiding up to an apartment complex in the area we retire.2.