These "end-stream" deals (LLC to self) ususally close a few days after the LLC purchase.Look forward to the responses.Cheeers,David

One way to look at this is to put yourself in the following scenario:You lose your "day job", so your "regular" income stream disappears.

Be prepared to change your plans mid stream… 5.

I have three jobs right now (realtor, contractor and i have a sales job) and am still constantly trying to generate other streams of income.

However, if you have a complex with a 75% occupancy level, your expenses ratio will be much higher than the 50% rule.For tenant or owner paid utilities, you could argue that when owners pay utilities, rents can be higher and offset the cost, making the 50% rule average out to correct, but most will also argue that owner paid utilities should be approached with caution as tenants have NO INCENTIVE to conserve and even when rents are adjusted higher, utility expenses can increase the 50% rule.Also, there are many other income streams which can be added to larger complexes which could affect the 50% rule so keep that in mind as well. make sure you know which income streams outside of rent/late fees are present in the complex.

I LOVE the REI basket, but it can take TIME to develop a consistent revenue stream from REI, and part of that depends on how much you can invest into it - both marketing (if you will go directly after motivated sellers) and doing deals.

If I lose my job, no problem I got another income stream via rental cash flow.  

I'm looking to hold and rent to create a different income stream than my primary business.

Yes, it opens up other revenue streams, but I believe it would actually distract me from doing what I do best.

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