For investors, better income is about finding another income stream. 

I love the numbers side of it as I was a Econ-Finance major in college but RE doesn't get my blood boiling: Numbers, winning & closing does.

Sell a stream of rental income to a note investor.

I have collected enough to cover all expenses, and principle keeps racking up with the interest so in theory, some day, it will be a nice little capital stream coming in.

When the hedge funds start dumping real estate, it wil be a blood bath once again.It is Just another cycle in the real estate investment business.

Like you mentioned he gets an income stream.

Because it has a rental suite down in the corner, we are net paid to live here after all expenses- taxes, insurance, maintenance,  repairs and all utilities down to our phones, streaming subscriptions and internet.  

This can generate a steady stream of income with minimal involvement on your part.As you explore these options, be sure to do your due diligence and seek advice from professionals like real estate agents, attorneys, and financial advisors.

My guess is that if your parents will pay for it, and you choose a high ROI degree, like economics, computer science, etc. that you will have a high ROI investment that will give you a great income stream to borrow against in real estate investing, a great backup option to real estate if things get tough, or you hurt your back and need a desk job, and you might even find something you like. 

It’s really hard to do cohosting or managing unless you have a stream of clients that are investors like real estate agents or lenders would have.