In order to start making passive income, I would need to put in about 60k to fix the basement.

My long-term goal (10-15 years) is to own cash-flowing 20 door+ multifamily properties as a form of (semi) passive income.

Hi,I want to get started with real estate investing, specially interested in setting up passive income through rental yield.

I don't know if whether this should be a single member LLC or have us both be on the LLC and if so, if that could open the parent to piercing the corporate veil with the payments. 

Could you sell it and put the money towards a better income producing asset? 

Interested in generating significant  passive income.

Recommendations can be short-term uses to bring in revenue while considering long-term plans.The land costs almost nothing to own, so selling is an option but I would much prefer to keep it and generate income from it.

What is your exit strategy... pay me in cash based on rents or other income?  

Hi A potential tenant of mine who looks really good on paper (credit score, income and else) is asking if we can take rhino policy for security deposit ? 

My goal is to generate income since I am closing my business which is my 9-5.