Also if the passive income comes from real estate there may be depreciation loss that compensates for the income. 

If the unit sits vacant for longer than two weeks, then you may decide to approach the PM with a request they reduce their leasing fee to compensate you for dropping the ball.

I would have a written agreement, drawn up by an attorney, that spells out my expectations for performance, compensation, equity split, etc.This whole deal smells bad to me.

You have to be ok with some issues in any house and of course, get the the house at the right price to compensate for the headache and repair/replacement money needed. 

Hospitality" does not mean financial compensation for every inconvenience your guest experiences or stupid thing they do.

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.

By definition, a reliable passive income must be three requirements:Inflation compensation: Rental income increases faster than inflation, compensating for rising prices.Persistent income: Your income will last, ensuring that you and your spouse won't outlive it.Reliable income: Your income continues even in difficult economic times.So I can provide specific comments, below is a general description of the properties and their locations that we target.Single-family3+ bedrooms2+ car garageOne or two stories1200 to 2000 square feetGenerally cost between $320,000 and $475,000 todayAs to locations, see the map below showing where most of our client’s properties are located.Prices and rents are driven by supply and demand.

Inflation erodes the value of fixed-income investments, making lenders demand higher rates to compensate for the anticipated loss of purchasing power over time.

If you are attempting to sell your contract to others, for compensation, then be aware that in Ohio you may be considered brokering without a license per ORC Section 4735.02.

They didn't compensate me financially.