But I'm sure you can cut expenses (cut cable and go to streaming service, cancel gym and invest in a set of free weights/go on more hikes, minimize dining out, stop buying expensive coffees, etc).

Additionally, I am looking for a lender who will consider income streams under 2 years old. 

Thank you @Todd Dexheimer and @Michael Le@Jeff Greenberg it's a very light value add. most of the heavy lifting had already been done. for this deal it's more about getting a solid, low risk income stream for the investor. in short we'll make cosmetic upgrades to units when they turn in order to keep growing rents 2% to 3% average per year.  

If your plan is to retire in 5-10 years you will need multiple incomes of stream.

The NPV is the Net Present Value of an income stream, discounted to the cost of capital (or required rate of return) and the IRR sets the NPV function = 0 to get a rate of return.

Advantages of holding - tax benefits, income stream, appreciation which can periodically be cashed in on tax free from cash out refinloan proceeds.

I am 62 and swing trade stocks/ETFs for a living but would like to add real estate to my income stream.

Older people in their retirement phase often love income streams, which you could provide.

There's a stream in the back of the property and the back side of the unit is in the flood zone while the front isn't. 

It was not our primary revenue stream but we owned/controlled the adjacent scrap (empty) land and it was a very small (and inexpensive) lot but convenient for 'customers'... but I'd do it again in a heartbeat if I had a similar opportunity.