Or if the tenants are senior citizens, the lesser of CPI or Social Security COLA, which is 2.8% for 2019.10% is the cap on what you can raise it each year (i.e. if CPI +2% or CPI/SS COLA are greater than 10%, you can only raise it 10%).  

My wife is trying to talk me into launching a social enterprise model for our bed and breakfast...I'd like to hear your take on that as well...

But you might want to work on sparking an interest of REI in your parents (if its not already there) with some books, podcasts or attending events structured around education (like a local REIA meeting); whereas a "mixer" might be more about networking and socializing - which may be more productive after you've gotten to a certain point in your education.

In short, I want to create enough passive income (as quickly as possible) in order to become financially free; my core objective is to continue and fund the social work I have done in the past through social entrepreneurship ventures, and enact my life mission statement of increasing the standard of living for as many people as possible. 

Just my 2cents.I agree 100% The issue is my bank Chase is asking for me to provide the Tenants Social and all theirinfo.

This tax is around 15.3% consisting of 12.4% for social security and 2.9% for Medicare.

Or better yet, what are some creative ways you network/market in the already popular social sites?

I first heard of real estate investing back when I worked for Social Security.

I started watching videos, following investors on social media, listening to audio books and eventually actually reading books (wow!).

The catch is that this subtenant moving in does not have a social security number and will not have his social for about 4 weeks.