It's a hassle but doable.

Yup, this is doable, once "later this year" on the employer letter becomes something akin to "on this specific exact date a month or two from now, and this is guaranteed, Jasmine is no longer a provisional/probationary employee, the paperwork is just catching up."

I've sold houses during the holidays... it's doable, but not optimal.

If you said you want to quit your day job in 5-7 years then I would tell you that is very doable. 

I'm sure there are plenty of passive investors on here who can tell you that they've invested with groups (several of which are active here on BP) that got them 20%+ IRR on multiple deals straight.Even now 12%+ is doable with patience and a good team. 5-8% is a pretty low IRR for a value-add play, which most syndications are; you might be thinking of CoC rather than IRR, which would be a lot more in line.There are people on here who were literally able to retire from syndication investments (granted they got in at a good time and had a good chunk of capital to start), but to each their own.

@Daniel Brown while I don't know if any blogs, posts, or books, I can tell you it's VERY doable as that is the model I follow.

Also this is contingent on your personal income qualifying you for mortgages because they will not count rental income until you have 2 years landlording experience so make sure that is doable as well.15.

Banks are slower and less likely to budge off the BPO price but its still doable.

talked to a homepath approved lender and was told that the current rate is 6.5% and that the min credit requirement is 680. also 4 points ontop of the closing costs. plus 10% down.interesting. this may be doable...

However, I don't think your projected cash flow of $200 to $300 per unit is doable.