These syndication can provide an 8%+ cash-on-cash return - providing investors monthly cash flow - and a 15-20% IRR over the length of the project.

Many of the estate properties are located on lakes or rivers providing unique recreational activities.

Real estate has always been in the back of my mind as a way to increase our wealth and provide for our family.

Based on the numbers you provided, these are well above the debt service coverage ratio of 1.25 hence from a lenders perspective, this is loanable.

@Brett RiemensniderYou don't need to provide anything to your tenants tax-wise.

I used a property manager (before I was one) for (1) time & headache savings and (2) the value the property managers provide by economies of scale (marketing, discounts with vendors, etc.).

Partner Driven provided market expertise and handled the logistics for a rapid flip.

Investing this amount in passive deals might not provide immediate income, and you could end up waiting years to see returns (similar case in most investments.) 

Readers should seek professional advice. 

If you like impacting the nation by providing affordable housing you can really put people in houses here.