They r looking to finance to supplement their income

I am extremely interested in real estate investing, especially the HOLD strategy as a way to supplement income for now.

As both an agent and investor in real estate, I can personally and professionally attest the significant role that investment properties can play in developing a portfolio of supplemental income.

At first, this seemed like a good way to supplement my 401k and pension for retirement.

This is a common practice for LLCs with only one member, and it simplifies tax reporting.Rental Properties in an LLC: If you have properties held in your LLC's name, the income and expenses related to those properties are typically reported on Schedule E (Supplemental Income and Loss) of your personal tax return.

Info is good as a supplement to knowledge, not as a substitute. 

Using a strategy of buy & hold as a way to build wealth of even a supplemental income for retirement is not commiserate with having to be a hands on landlord.

You can make a solid income providing students with clean, healthy, well-maintained accommodations with, perhaps, some supplemental amenities.  

Real Estate investing has always intrigued me a a way to supplement an income.

We supplement our core "Rental Agreement" with several supporting addendum, one of which is "Property Rules".