This means less risk of damage to your property AND less risk of interruptions to your rental income stream.2.

For me, I'm into multiple streams of income.

Nothing wrong with multiple streams of income :P...

I realize a loan from your 401k must be paid back within a certain time frame plus interest to yourself but I don't see this as difficult considering I should have several streams of income by then.

If you use a 1031 exchange to replace your aging property with a brand new one, without having to pay any of your final income stream to the IRS, aren't you just keeping your future income stream and IRR intact while delaying the onset of increased maintenace and repair costs due to aging?

New folks (for some reason) think they can create a $50k/yr income stream on a zero $$ education budget and near zero operating budget.   

I'm looking to buy and hold, I want a fairly passive revenue stream so not exceptionally worried about appreciation other than I don't want to lose money if/when I sell...

What is the tax treatment for the different income streams from Lease Options? 

For example, most NJ towns have a neighborhood near a creek or stream bed area that has homes that are technically in a flood zone, but the homes located there frequently have raised foundations from years ago that planned for the infrequent time when the creek put 4-6 inches of rainwater into their yards, and often have basements with dirt floors. 

I thought the same when we started with Vacasa, but those hiccups turned into a constant stream of issues that in the end cost me quite a lot of income.