We regularly purchase properties that give us well over 12% cash on cash returns (usually in the 100s of %).

Trust me, it's way easier getting financing, and it's nice having the security of some income coming in initially (not to mention health insurance if you're not covered under a spouses). 

I look at a lot of deals on a regular basis and only seem to find deals with 8% cap rates in the "hood" or in areas that have very little going on in them economically. 

So this means at month 48, you'd be able to invest the regular $180,000 plus an additional $200,000 from the cumulative earnings from the previous 8 syndication deals.  

And how do people that don't have a regular salary (self-employed or full-time real estate investors) do it?

I'm under contract on my first flip and after talking to my regular insurance broker I'm blown away by the amount that insurance costs on a vacant property.

.) - Leads management (from the sourcing contacts or from direct sellers) - Opportunity Management (probably from contract sign to closing) - Due Diligence Management (contract signed, key dates management, teams based management,) Investor Relations - Manage both active investors and potential investors - Keep organized with regular communication in mass (via Outlook/Google)Thank you!

I have regular security agreements, promissory notes and transfer the titles with liens attached to them.

I have my W2 and all my stuff from my regular job, the stuff for my home mortgage, health insurance, all that jazz that I already take to an accountant.

Check it regularly and make sure he is making the payments on time.