Bottom line—you either trust the sponsor (based on due diligence, facts, track record and evidence) or you do not.  

On track for around $80k dividend for year on a $200k investment.

one thing you should look at is what are the capital market drivers in the market. in our market housing, mixed use with restaurant and retail, higher density infill, affordable housing, etc. also look at fast track rezoning which is typically for affordable based projects. that's what I'd recommend.

This approach allowed us to move quickly and efficiently, ensuring the project stayed on track and was completed without delays.

That data appears to be tracked and are pretty terrible.

The I suppose the cash back and sign up bonuses are a return on the very small amount of time it takes to track them.

You're income certainly isn't "normal" and some banks might shy away but this is a personal business and if you have a track record, I think you can find a bank to say yes.

I recently graduated college - paid for by the houses my parents were flipping while I was off studying - and wanted to find a modest way to give back what I could.To do this, I'm making a tool that lets them scan their receipts and it will automatically upload it to a pre-formatted Google Sheet that they can keep for each property to track expenses and eventually other metrics like returns etc...

He's seen a lot more deals and tracks them so you get the benefit of 1000s of LP reviews.What does he charge per OM/PPM?

It is slower, but it's proven to build real wealth.