That stream has since dried up.

It's tough but here is some fun. 10 ways to appear engaged at your day job with you are building passive streams of income1) walk fast and move around frantically – general work areas2) don’t tell people where your are going on vacation (ie going to Dallas to look at apartments)3) don’t take calls in your car where people can see you4) don’t drive a fancy car to work5) attempt to look like your bring a brown bag to work… Say something like you are being healthy6) invest in a small compact laptop to analyze deals and emails & Google Drive!

The single family next door illegally converted a 2-car garage off the alley into another dwelling.

My boyfriend and I stumbled across Bigger Pockets while researching ideas for secondary income streams. 

The average cost of single family dwellings is around $180,000 with an average residential income of about $48,000.

Just look at it as a learning experience and try not to dwell on it...life is too short to do so and I'm sure you could use that energy on something else that will earn you the money lost PLUS SOME :-)Best of luck to you!

Goal is multiple streams of income!  

It's a single family Dwelling. 

Our company literally can't buy properties fast enough, the demand is way high.The #1 thing I see in our application stream each month is to low or no credit, plus income.

It is a little late now, but If we assume that your property's land value was approximately 20% of the property value at the time of conversion, your depreciation basis for the dwelling structure should have been about $144K, giving you about $26182 total depreciation over the past five years.