I started my realestate company about 8 months ago and have since had a some what steady stream of off market deals.

You need to invest time and energy in broker relationships, and when you do buy and "hand" off o the management company, you still have to manage the manager.you need to ask yourself, do you want to create a business and leave your current work situation or do you want to create some type of passive stream of revenue.

I am also rebuilding my credit so I can one day land a solid line of credit to invest so traditional sources are going to be tough right now and I don't know a lot of folk with private money that I can ask to invest.I am primarily looking at duplexes, 2 income streams, one mortgage which usually means a faster pay off.

It could be an airline planning to make a new hub or route structure around a city you're evaluating.

Establishing a separate LLC for the sales commissions / real estate agency stream of income likely wouldn't be worth it unless she's receiving commissions from representing outside investors in addition to your properties.

You don't need to pay the absolute minimum for property to make money long term (it does help though) You will benefit from a stream of income and appreciation.

It kind of boils down to have passive you want your passive income stream to be.  

For example if you are in business and want to employ 20 people you can do that, the trick is to build your business so the income stream and work demand justify hiring 20 people. 

Ive been wanting to get into REI for awhile (which ya'll have heard a billion times), but am now being almost handed an opportunity on a silver platter...My parents have been trying to sell their house for almost a year, with two deals that fell through, and a steady stream of offers from would-be rehabers.

Usually you have ownership of so much equity, along with the payment income stream based on your contribution.