Some people like piles of cash while others (like myself) prefer streams of income.

They might be great primary residences with an income stream to the owner, but I find they generally don't cash flow well.  

Keywords: Carol Stream, Bloomingdale, Schaumburg, Elgin, Wheaton

Jake Kucheck,While I agree it would ultimately benefit these people to enter the stream of life as you and I know it; it ain't gonna happen.

For instance, mobile home park revenue streams are much more stable and valuable since MHs are not really 'mobile.'

In fact, if CF is the primary objective with disregard to equity retention or appreciation, this style of investing may be the most lucrative.As to why several houses are safer than one – Multiple Revenue Streams.

The Income Approach, in my opinion, is the most valuable valuation method for income producing properties as it will take the income stream and convert it to a market value.

Are you looking for an income stream to live off?

If you are just doing straight management there is not much money in it at all.The funny part is landlords think the PM companies are making serious bank.I just don't see it.Now if the PM company sells off turn key rentals and manages them then they are getting multiple revenue streams or if they get the future sale etc.If the area is bad PM's earn their money.If it's a great area and you the investor base your cost model off of being below market rent you will have tenants pay and stay with no little to no turnover.If you are always pushing for top market rent and increases then you will have turnover.You have to analyze if the pushing the top every year gets you more with lost rent and rehab costs or if you keep full with lower increases and below market rent??

The unsuspecting buyer sees the trailing laundry income on the income statement and counts it when valuing the income stream, then after closing realizes that there is no laundry income anymore.