Hello all -I have been thinking of getting into realestate investment for a while with a goal of generating income stream (today my only income Is through my job - I make decently as a senior exec). 

Would her income cover rent for a new home?

Financial independence requires more than just replacing your current income.

@Hunter DuplantisFind out what median income is in your area/neighborhood, and don't expect to charge more than1/3 their income.

Congratulations, you get to share your partners tax burden and pay the depreciation recapture at ordinary income rates. 

That's actually an excellent idea .... do you know where I can get more info on how to rent out the land for passive income? 

It doesn't book as frequently as the smaller house, but generates more income.

I also talked to Prime Corporate Services.

Property taxes, income taxes, sales taxes, declining population, unfavorable rental laws, winter weather.

It’s a great way to maximize rental income while offering a unique solution to tenants.- Value-Add Investments: Beyond cosmetic upgrades, think about adding amenities like solar panels, EV charging stations, or smart home tech.