The alternative is to continue accruing 2-4 units along this well-trodden path. 

You can set up the loans so that the interest accrues, so you don't have to track payments.Your lender LLC is unlikely to get sued, since it has no "risky" activity. 

The tenants will also remain liable for any unpaid rent, damages, or other charges accrued under this lease agreement.

On interest-only loans you're paying the interest off every month but in this set up the interest accrues. 

If you aren't doing this with an LLC or other company, then the money is "still all yours" - you can freely do as you please with those funds (once the rents accrue enough for you to have a comfort level).I would suggest you contact a good accountant (CPA) knowledgeable in real estate matters to assist you with starting up your accounting system for this rental.

It's honestly kinda nuts how quickly the bonuses accrue and how organized the site keeps you.  

This means I’m accruing 8% times the number of years that will flow to me - with no split - once more cash is available (through operations, refinance, or sale or all of above).  

Lending software can be complex as if loan is a 30/369 vs actual/365 and late fees, accrued interest etc come into play it gets very technical and if it’s wrong it can be huge fines and violations.

You have possession of their money but it is still their money, therefore any interest accrued is entitled to the trustor (tenant).

Most real estate projects today are either not achieving their preferred return in cash flow or may not achieve this bench mark for the first three, four or even five years -- at this point, there may also be accrued preferred return that would have to be caught up.As a fund manager, what other asset classes are you evaluating to help increase cash flow for both your investors AND yourself?