How to view IP camera from HoloLens using Unity?

I'm asking this question because I get a lot of questions from unity developers asking how to do this and I was able to somewhat figure it out and wanted to share it with others. The goal is to be able to perform live streaming using the Microsoft HoloLens and many other stand-alone camera devices which won't compile system.io so a lot of errors for Stream and Memory Stream won't allow for building for the Hololens.

I'll post my answer and I've also uploaded setup instructions of what I've got to work on GitHub here:

https://github.com/decoderzhub/IP-Camera-To-HoloLens

I hope this helps others out there.