Small Investment REIT

[Emanuel Cryzeski]

Hello i'm brand new to the world of rental properties to provide semi passive income. I've come up with this vision of creating a small investment REIT, where different people could invest a very small portion of money, starting around $100, for a small share of a rental properties (mostly multi-families) and then get their share of the profits. Would a business model like this make any sense to start up to be able to create a larger passive income? This might all sound like a stupid question, but i've been trying to find companies of this nature and failed to find any.