Yes, it can be semi-passive income with the right systems, vendors, operations, potential virtual support, property management team, etc.. but ultimately, you are in control of the success of your property or portfolio and without knowledge, expertise or industry "know-how", then you will eventually lose because you are calling the shots.

Each state should have rules for what real estate agents can “gift” their clients.This is the guidance in Texas:Although a license holder may not pay an unlicensed person valuable consideration for referring a potential lessee or buyer, gifts of merchandise with a retail value of $50 or less are not considered valuable consideration.

@Orhi Tahi I actually have to disagree with the others, I think this is priced at market value and maybe some slight potential to appraise a little higher than 125k.

I believe the Midwest is an excellent place to start due to its lower entry point and strong cash flow potential. 

If you have a day to day job that you really like then the loan pay down, equity buildup and potential for appreciation, as well as the tax benefits may be more important to you. 

When someone operates by pitching an investment on here it tells me that they have no compliance department, no legal, no offering documents, no care to evaluate the suitability of potential investors, no disclosures, no financials, are not registered  and so on.

I think multi-fam has a great long term potential and am looking to get into that as well to diversify a bit more and have a solid base.

Earn rental income with the potential for a higher sale price in the future.Partnerships or Joint Ventures: Bring in partners to invest in a property together.

But the potential big kicker would be from value appreciation in an area undergoing “revitalization” or gentrification.  

I'd seek to have them re-sign the lease and let them know you will be marketing the place as available to rent if they don't... and if they don't then I'd do just that, I'd start marketing the house as available (at the date the current tenants lease ends) to get some early interest from potential renters.