People want to give me money

[Robert Hastings]

I love investing in low income homes,distressed properties, sheriffs sales.  I have four properties right now for the sake of numbers each property has cost me under $20,000 to get them rent ready. They are free and clear and are renting for 650 per month. I pay taxes water and insurance.  I'm seeing around $500 net per door. All of the homes are occupied and so far I haven't had to replace anything major. Assuming this is a consistent reality, i'm at about 30% cash on cash return. 

Some friends of mine and people that I know have noticed what I've been doing over the past two years and it interests them. They are becoming more and more serious asking me questions like "hey if I give you $20-$30,000 can you buy a property and just give me a small return?"  

I laugh it off but last night a conversation I had got pretty serious. I started thinking about this on the next level. The guys that I'm talking about are happy with 12% return on their money. I told them if it got serious I would have to treat this like a bank CD where your money is going to be tied up for a certain amount of time. These investors do not want to be hands on they just want to be behind the scenes. I don't know how to navigate this? I don't know if people do this?!