Prioritize constructing long-term wealth, striking a balance between immediate rewards and long-term objectives to generate passive income and lasting wealth.

Passive income streams require an upfront investment and a lot of nurturing in the beginning. 

Could you go reinvest it in another property to build even more income?

I pay 6% interest only on free-and-clear houses, and have also taken over mortgages, subject to the existing financing.A rental ought to be on your tax returns for 2 years before lenders use the extra money as income.  

If you want true "Passive" income in real estate, you need to have a lot of cash to put into it.

If your name is MSOOTKAUG, why does your account name say "Jerryll Noorden"? 

I have about 75k in HYSA and an Investment account combined. 

So sourcing is a huge aspect to lending and you cannot just fill your account  without documenting where It came from.

We often end up finding out their credit score or income doesn't cut it only after we've shown them around, which honestly feels like a bit of a time sink.So, I was thinking, whenever someone hits us up on Zillow wanting to check out the place, maybe I could just ask upfront if their credit score is over 600 and if they're pulling in more than $6,000 a month.

When you look at average income vs. purchase price, the current market is unsustainable.