Checking: collect all income here, then use it to pay bills.

The tax savings could be larger than the regular income. 

You have come to the right place to explore different ways to generate passive income.

I was interested in something like owning a rental property as a way to generate some additional income. 

Lenders want to see two years of stable income before they loan money to you.

Co-living, on the other hand, mitigates this risk by creating multiple income streams.

They are exceedingly rare, thus very expensive, but I believe they represent an excellent long term steady income and store of value.  

It lets you focus on managing the property and getting steady income right away.

We are offering you a No Doc Loan without any income verification for 6.5%.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.