So I am now teaching, which cut our household income by about a third.

We should definitely get a group of like minded individuals together whom are willing to partner on some of the small apartments deals.

Properties will NOT be split up for individual sale, total package price is $164k Avg. $32,800/ea.1900 E 19th Ave - 4 BR, recently renovated (needs stove and fridge), ready for new tenants $50K - MLS-2180280372122 Myrtle -  2 BR Flat -  Rented $540/month (rents are a little low for the area, 2 BR are around $600-$625 Range on average.

What if it was a 2 Bedroom/1 Bath that was marketed to the open public and the person who took it, happened to be a single individual.

You can use /SF costs on individual scopes of a larger budget, but it will be near impossible to just say the "average" house needs $45 (or any random number)/SF to renovate.

Don't buy individual REITS as you are playing with fire. 

Legal conversation starts with examining the answer to why you believe you do not want to purchase the property with your relative as a tenants in common as individuals or in an LLC. 

The trailer is rent ready 3/2 no money will be needed to repair only to furnish rooms and living areaI already have a rental that i rent the rooms individually that i receive 1200 gross monthly rent with bills included but self manage. 

In the mean time I'm looking to connect with like minded individuals in the area whether it be seasoned vets in the game or less experienced investors like myself.

You will need it as the licensing classes teach you nothing about how to sell RE.