One of the first things I discuss with my clients is who is going to be managing their property and how important is it for them to be generating income day 1 of ownership.  

Also used an Ozone generator ($50 on Amazon) and it helped.   

The math I apply, and what seems to generate income on just about every rental I do, is as follows: rent - all hard costs paid by Landlord.

For the "Independent Study" course I am currently enrolled in, I'm evaluating a large acreage property from the perspective of an investor (assessing possible income-generating activities, determining development opportunities, constructing pro forma's for each scenario, etc.) with the help of the property's brokerage firm, my professor, and a few external sources who were kind enough to help out.Some information about me: From Georgetown, TexasGraduated from Texas Tech University with degrees in management and marketingI enjoy flying, and I've been a pilot for about 5 yearsI'm an avid outdoorsmanI plan on becoming an accredited land consultant at some point in the futureI'm open to any and all suggestions/advice/information from the BP community and I look forward to hearing your thoughts!  

I recently became involved with an company that partnered with SolarCity September of last year.The company provides homeowners, business and government organizations cleaner, more affordable renewable energy alternatives to their utility bills.The income is generated via informing others about their choice to switch utility suppliers over to a cleaner energy alternative.

As long as that cover my entire investment and it generates close to $200/mo (cashflow AND debt paydown) from day 1 I will make it happen.Good luck and as my mentor said.

Also posting new topics here will help generate quick replies to your questions and ideas.

You could own 10 rental properties that each net $400 positive cashflow, but if the market adopts a perception that rents are too high, and takes action to move to an area with lower rents, you will either have to shoulder the vacancy rates, or reduce your rent to bring them back, thus, lessening the amount of passive income you generate.

Yes, that income is subject to SE tax as it was generated from the LLC's funds.

I am ramping up my mailing campaign and looking for a more time efficient way to generate my yellow letters.