Set up an LLC in the property’s state for liability protection, and consider a parent LLC if needed.

Hey Jeff,I would suggest getting connected to a solid real estate agent and set up a relationship with a lender asap.

Also, how much does it cost to get set up on this patented software system?

Either side can walk away from working together if the parameters for the working relationship are set up and understood upfront.

He probably spent more on his setup than it would take to get the actual license. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

We create an email account per property and use that to setup the free Samsung Plus account and keep it logged in. 

Get Roku TVs and setup guest mode so they can use their own accounts.Super easy to do and most families will have a Disney+ account anyways.

Also not sure if you have a retirement fund but you may be able to setup a self directed fund and use a portion of that money for a real estate related investment. definitely not saying your plan is bad or that these are better just giving my thoughts. 

If you're just listing it as "Section 8 welcome" but aren't set up with CMHA yet, tenants might be skipping over it.