You want to investigate the full range of possible 1031 options (residential, commercial, syndicated, active, passive, oil/gas/solar, etc.) if you're hunting for income.  

A few more passive, but riskier, ways to offset w2 income are oil and gas investing and ATM investing which have funds. 

After months of waiting, the seller finally was able to finish taking out an oil tank and get state regulatory approval.

My Engineering degree and experience managing BIG projects in Oil & Gas have greatly helped me Fix-n-Flip and manage my own properties. 

Sincerely,Oliver 

.- the guy is also selling jet oil from saudi arabia- their office is located at medical center haha- he's probably ex mortgage officer from obsidianmortgage in FL - his customer is so unsophisticated lol

My fuel oil is clocking $5.99/gallon which is up over 25% since last year.

@Sam Booth Yes to the Oil based Kilz on the sub flooring or something similar to help kill the odor.

Wetlands, underground oil storage tanks, easements, contaminates of other kinds and a host of other issues could exit.

Anything metal that is outside will need to be oiled or protected monthly from the salt air, door hinges, doorknobs, gates, hooks, handles, bikes, light fixtures, chairs.