Also Josh Skogen, you are very close to stream and runoffs into Lake Michigan.  

It won't produce great opportunities to buy but it will show you a constant stream of properties that are being marketed in your target area.  

He had a stream of leads coming in that I was helping him work and I was able to get one under contract.  

My goal this year is to add another another income stream in a different business, currently at "shaking out the couch cushions for money" stage.

@Mike Flora . used appliances have become an extra income stream for me. not only do I have plenty on hand for my homes, I sell to my investor friends.

I have been managing properties and researching real estate investing and on this forum for around a year now.I am from England and me and my father are setting up an english LTD with a US subsidiary company which we will use to buy the properties.I have around 10k to put towards down payment, my father will be adding around 90k so we will have 100k available for a down payment.all things well we will do a 75% ltv giving us 400k to spend on a multifamily.I am trying to consider whether we should first buy a 200k property to see how that goes and then go from there into another 200k property.what are you guys opinions.I really just want to maximize our leverage on the bigger properties as I can then work my job at the same time for two streams of income. my long term goals are to keep buying cash flowing multifamily rentals as fast as the bank will loan to me.Anyone else playing this kind of game?

I would like to build a passive income stream so that I can travel more and follow my other passions , and do less of the 9-6 grind. 

The house is an emotional drain on the owners and they may step away altogether for the $70k and that would be fine, however I have an inkling that I may be able to sweeten the deal for them by giving them a cash flow stream into their retirement.  

You may even consider another type of income stream other then just rentals.But you seem to be on track. 

While I like the premise of helping out a family by giving the stay at home parent a chance at an income stream and also keeping the cash in the country I also would be hesitant on what I would give someone in that situation to do.I would NOT have them handle any tasks that would need to be done as the come up, such as have them answer calls from marketing.