It helps with their taxes and creates an income stream with the property but now they do not have to manage it day to day in their golden years.Do you have cash to contribute you or your significant other?

I like that, because it generates a long term income stream.

I haven't checked out all of the details of your math, but I'm having a hard time seeing how you can take $50,000 using a "buy and hold" strategy to create a revenue stream sufficient to make a living off of within five years - especially if you're living in high-priced Los Angeles.

As well as I obviously hope to have my own home some day and rent out a few others so I'm hoping that I can create a second stream of revenue from this.

You just initiate from a website that texts the other ppl you want to live stream with, and that text dumps them into your 2-way or 3-way videochat.  

@Nicholas B. most likely an appraiser will end up placing a value related to the property's current income stream. 

It's not our primary source of income, but we've found that if you find great tenants, it really can be a fairly passive income stream.

That means a good mixture of income streams, i.e., gas sales (averages about $0.20 profit/gallon), higher volume station (60K+ gallons/month), convenience store inside, repair bays with inspection stickers (feeds the repair business) and used car sales.Here in MA, the state is not issuing new inspection sticker licenses, so the value has skyrocketed. 

For one, oil is a commodity that does not produce a recurring income stream.

There is coin-op laundry but I didn't include that in the income stream.