Hello, I am a sort of a newbie investor myself and looking to invest in sort term rentals with family members that haven’t done any RE investing.

It can motivate others, so I am told.

(must live in it first and hope to only live for a year before moving to a home for my partner and myself)Anyway I am trying to sort out an excel spreadsheet that has - a list of properties- what they are listed for- what I would like to get them for- rent- rate costs and extra expenses- loan repayments- monthly and yearly income- and ROII am just having a bit of trouble understanding how I work ROI out.My first example is 50k of my own money with a yearly return of $1872Do I do 1872/50000?

Or are you expecting to have some sort of Perry Mason moment where under your questioning he slips up and admits to being an Al Qaeda operative using your address to receive shipments of plutonium?

Propstream allows you to apply specific filters that will help you find motivated sellers.

You'll have to become an expert at finding and converting motivated sellers + an expert in analyzing deals (including construction and acquisition costs).If you want to eventually get into buy & holds, I'd start there... you can start with a low-down-payment owner-occupied househack, multi-family or other rental property deal.

I am very visual and I like information radiators that are always on the wall staring at me to track my goals.  For those of you who are more established, what simple things do you need to track when starting that you...

@Ron Brady When some of said take the money, it was probably more based on the feeling that they need some sort of punishment....note that most also said leave the bad review.

Hearing what direction others take when in the same situation provides motivation and additional options and ideas!

They are highly motivated, can use low downpayment loans and will compete fiercly for every good listing.