I am looking for some ideas as I have around 60k of passive income generated from Investment in Tresuries in addition to my w2 income.

So it’s all tax free income.

If you are looking to buy based on NOI (the income stream) then you should educate yourself about cap rates.  

I am using my newfound access to the MLS as a tool to source good deals and make educated and sound investment decisions.

I work with a team on the ground that can help end to end by sourcing deals, project managing rehab and providing property management.

If it wasn’t disregarded you’d pay double the income taxes.

I had around $60,000 to invest.I bought 3 cheap/low income houses paying cash.

Imagine the cash flow I could have if I desired (my cash flow is not great because I extract value regularly and because I prefer my return to be in tax free or tax deferred sources and cash flow you get taxed on yearly).Case Schiller used to (maybe still does) publish a residential market performance ranking since 2000.  

I am using my newfound access to the MLS as a tool to source good deals and make educated and sound investment decisions.

@Vasudha Chaudhary everyone is jumping on the "passive income via real estate" bandwagon BEFORE doing enough research!