I still live at home and it's not a necessity for me to move out yet, and I plan on making a steady stream of income from this property ($1500 a month).

I don't think I am interested in flipping, as I am looking to create long term wealth through RE.Transitioning to RE is a tough one from my perspective as the amount of income I see the average person generating monthly is what you can produce in a day in the markets, but I am attracted to the fact of an entirely different income stream, that is reliable and which could also be sizable if done correctly.I am looking to network, watch and listen on BP before I pull any triggers on deals.

On the other hand, the rental market in Boston is fairly secure in contrast to some other markets given its proximity to universities (student housing) and being a hub for young professionals (millennial renters).This isn't to say you won't make any money in Boston, but rather you won't have much positive cash-flow until mortgages etc.. are paid off.

I know a couple guys who have gotten lines of credit but that's about it.Weird, because you would think Florida would be a hub for this stuff.

Hello, My name is Jess and I am a newer member of BiggerPockets.I am an airline pilot has decided to expand income streams recently.

Diversification and multiple income streams is very important. 

I incorporated in June 2019 and have grown exponentially.Between these two additional streams of revenue, I've made an income equal to an additional w2 job.We've acquired 12 units, solidified lines of credit, built relationships with lenders and are 100% certain if I leave my w2 it will not hinder our ability to acquire more properties (any more than running out of capital will)My construction business is now taking my full attention away from my 9-5 job. 

I’m picturing the syndicator/owner as the hub).

On the other hand, there are private lenders who want a long term passive income stream. 

FIRE is equal to a income stream > expenses.