Want $1,000 in Annual Passive Income? Investing $36 in This Stock Per Week for 5 Years Could Do It.

For most people, building passive income is a marathon, not a sprint. The longer you're willing to spend on buying shares consistently, the less you'll need up front. In that vein, Innovative Industrial Properties (NYSE: IIPR), the marijuana cultivation facility landlord company, is an appealing option for dividend investors thanks to its ownership of real estate that's very much in demand for the steadily growing cannabis industry.