Giving this a bump.Any good extra streams off high end or single family homes aside from just higher rent?

Occasionally, a board filled with members who have no ideas and no hope will get an infusion of fresh new blood that knows, for example, how to use technology to improve a school system's results.

.* Keep detailed records and stay up-to-date with local laws and regulations regarding landlord-tenant relationships.By following these tips, you can successfully invest in long-term rentals while living long distance and enjoy a steady stream of passive income.

I want a steady stream of passive income.

Multi-family properties have the advantage of generating multiple income streams, but they may also require more maintenance and management.

If it were an apartment renting for $800 it would be even more significant and add 6 to 12 percent to the income stream.   

You have to weigh the risk/benefit ratio and to me there is not enough risk for me to provide network separation between the guest using internet and my wifi thermostat, ring camera, streaming TVs.  

As mentioned, keep up multiple streams of income but invest into deals that increase that $200k not diminish it.

His chosen career path doesn't pay a ton, so I want him to have more income streams so he can do what he's passionate about.

Then at the end of the day you own the building which would be a great second income stream.