Passive income is thing of beauty.  You know, I can make more cash flipping properties.  But the income from flipping houses is inconsistent.  Once I have the income stream from a cash flow property established, it just keeps producing like an oil well that doesn’t go dry. 

I flip quite a few of the properties I buy.  It’s good money, but it is work.

In addition to the passive income, you also need to consider how much debt you are paying down.  I prefer to put my cash flow properties on ten year notes (certainly nothing more than 15 years).  There are those who will argue that you should put your properties on 30-year notes, but I’m not one of them. 

Every dollar that you pay down on those mortgages is another dollar that goes into your brick and mortar bank.  It’s just one dollar closer to financial freedom.