It sounds like a nice additional income stream with low maintenance.

When I started my tech company I took no investment and had 100% ownership up till the exit, so I just have a natural affinity for total ownership.Anyways, that's just some stream of consciousness thoughts that I have right now.

My offer has been verbally accepted and should be signed in a few days.I also looked at Lyon and some coastal areas in the south based on my vacation destinations :-) but they wouldn't cash flow as well so I want to start with setting up a cash flow stream and then buy where I'd like to retire...There is quite a lot I can share depending on what you or others are interested in.

Currently I put my money to use in many ways as the owner of a Real Estate Brokerage, PM company, construction company, MLM company, Laundromat, Insurance company & many investments including an entirely new set of income streams coming next month with my pending purchase on a Motel & two vending machines. 

It's the best way to get that steady stream of income you're looking for!

I recently read Set for Life and am trying to use real estate to provide a passive income stream.

Went off the advice of a few senior military officers and my old economics professor suggested Brandon Turner's book... which led me to the podcast...which eventually led me here.Long terms goals include financial independence by age 45 and while Real Estate is just a component of the bigger goal, for me, at this point, I would like to maximize my opportunities to buy and hold a few properties that can potentially become streams of passive income to supplement my larger portfolio down the road and have been working for about 4-5 years to put myself in a position to do that. 

I'm stressing about buying this land because its another debt/loan and I don't yet have revenue stream for.

They say they've been watching a steady stream of Californians migrate in since they arrived.  

As an active investor, I can tell you that ( if you will be seeking financing outside of your own funds), there are few companies that will offer 'quick', 'stream-lined' funding on a regular basis in your 'own' name.