To achieve this goal, you need a passive income that meets three requirements:Inflation-Compensating - Rental income increases faster than inflation, compensating for rising prices.Persistent - Your income will last; you and your partner won't outlive it.Reliable - Your income continues even in difficult economic times.The three requirements depend on the right location and properties.Location SelectionThe location determines all longtime income characteristics including.Whether rents will keep pace with inflationHow long your income stream will lastHow much of your rental income is lost to overheadWhether you or the government control your propertyYears ago, when searching for a location to set up my investor services business, I focused on cities with a metro population exceeding 1 million.

My aim is to diversify my income stream and utilize the skills I've gained in the tech industry in a new and meaningful way.My locality of interest is the northern suburbs of Philadelphia, specifically around Willow Grove, Warminster, Hatboro and Horsham.

Since my listing provides the address rental terms, getting an endless stream of emails from prospects who don't even provide a name just wastes my time. 

If/when rates come down there's going to be a large cohort of folks that have been holding cash that are watching their income stream deteriorate. 

We managed to provide our investor with a steady stream of Cash Flow, while also managing to add another source of income to his vastly diversified portfolio.

I'm looking to improve my process for getting this done efficiently.Here are some of my ideas for stream lining the process.

Some areas where our clients have had success are Lynbrook, Valley Stream, Hempstead and Glen Head.As far as MFR vs.

Create an income stream during retirement?

I think there are several examples of successful investors who are creating alternative streams of income through training.

Theres an endless stream of free content out there that can teach you everything there is to know about real estate.