We are considering purchasing an income making property and business combined, 10 acres 3300 sq ft home and barn.

Due to a life changing situation I need to pull in around 3k more a month in passive income.

I know in Charleston SC were i built quite few homes downtown its highly regulated as it should be and if your zoned and permitted then the price reflects it on the purchase side they are sold as income props. 

what if you work part time + have rental income + have SS? 

The sites mentioned above have calculators to estimate the potential income.

Also to my knowledge, all my income outside of sponsored job has to be passive income.

However, I think, with REPS, we can deduct the expenses and depreciation against his W-2/K1 income which make the overall picture look appealing.

Couple, he's a post-doc (low income, but verified 6 mos rent in savings).

Make sure you confirm the value of the property, the business income and expenses, and confirm the borrower’s experience.

-What's a good monthly passive income when calculating a deal?