I've seen Milwaukee folks boast anywhere from 20% to "infinity" COC returns, but those are the same folks that don't factor in Cap-Ex and tend to be social media all-stars.  

And if this truly Uncle G, welcome to the Real Real Estate Social Media :)

You can also use social media to look for anything that might make you think they wouldnt be a good fit as a roommate.

I am also invested in student rentals and unless these large universities go up in flames the social economic situation is very low risk.

Next you don't need a tax id, you can use your social if the property remains in your name. 

The only system that I have set up is the technology I mentioned in point 1.Thank you again for your response.you have a lot going on here and more that I can answer without a deep dive into your business the type of property you are buying the scope of the repairs sales price intimate market details etc.The systems and processes procedures etc. would be based on knowing a lot more information about what you’re doing and how you operate.That being said a couple of things jumped out if you are paying people $10-$18 an hour does that include Workmen’s Comp. and general liability matching their Medicare Social Security?

Part B of the same reason was the typical price/value question:  Up to 3% on the buyer side for maybe 40 hours worth of effort and same on the list side for maybe 25 hours worth of work w/marginal listing photos, no video or 3D tour and no social media advertising.If you decide to become a licensed agent, no question you create a target on your back that did not exist prior to becoming licensed. 

Now I am a socially awkward introvert, so perhaps you’ll be just fine.

I personally would have to see a lot of "social proof" for something this before I'd devote any money to it as a subscriber, but I think through some on-point marketing and a strong UX/UI (think Lemonade Insurance's user interface) it would be a great business stream with lots of front-end and back-end revenue potential.I think BP would be a killer spot to promo something like this, as something with a engaging UI and that has your coaching mind poured into it would be a great tool for any beginner or "stuck" investor looking to take steps.

It also lets you feel more comfortable just showing up when you know "Ok I at least know Alex and he seems nice so it's not such an overwhelming social task anymore."