As a PM if you find incentive in 1 year tenants you would not manage my properties and would lose all streams of income from me.

I was told once that the average  millionaire has at least 7 different streams of income.

You can put whatever stream of cash flows you want, but you need to be consistent.

New owner died and his estate is anxious to sell.According to the Realtor, the previous owner wanted the income stream from monthly mortgage payments and would want some of the lien payed off from a sale, but would be willing to subordinate some of his lien to a new first mortgage.Original lien was $700,000.Assume $1,000,000 purchase price so that the math is easy.Assuming the private lien holder is willing, how can I use his equity as my down payment?

I studed and learn as much as possible about most real estate income streams such as nod, reo, bulk pools, tax liens, tax deeds, fsbo you name it.

Here’s a little about my situation and goals:My ultimate goal is to build a portfolio of real estate investments that will provide wealth and income stream that will support my retirement in 10 years.

Most municipalities that provide trash service see revenue from landfills, recycling locations, etc. and will do whatever they have to do to keep that revenue stream. 

Sales and networking are my strong suits and the idea was I could learn some of the administrative side of selling property while creating an income stream for myself through retail real estate selling.Ultimately I want to become a full time investor and create passive income through multiple rental properties, I do not have much as far as liquidity is concerned and why I was looking into getting my RE license hoping to learn while having an income stream back-up plan.I do have a good friend who is a contractor and holds a NJ RE license who I can utilize for any deals I want to pursue.

My goal is to purchase buy an hold properties in an effort to create an income stream.

I am new in this career but my goal is to have multiple streams of income because I like to stay excited and busy.