I am not saying this negatively just stating that one never knows when ,what , and how things have come back to me clear out of the blue from these type of relationships . last point : I am on the backside of 60 70 years old is closing faster than I want it to , Many in my generation GET IT !!!

However,  if I could generate some passive income and increase that over time,  I would be happy with that as well.  

Five units and above is considered commercial, which means that the income generated by the property being purchased is used to qualify for financing.

I would use the equity to purchase homes that would generate positive cash flow of course, but I am just looking for some general advice around the idea as a whole.  

Most of the Older Generations prefer MAX cash they getting at closing . 

I am looking for various ways to generate cash flow.  

We've also been running a few side businesses, but nothing that's generating substantial income.

Mostly for collecting information/data generating from my Yellow letters/post cards to start. 

Perhaps you can generate better cash on cash returns doing what your talking about.

If they bought a leasing company, they would part out the leases (office equipment) in various "portfolios" and then dissolve the company.It's just one technique.