While the property may not still return 20% cash on cash, it would not be losing money on a monthly cash flow basis (hopefully..)But I think that is lazy and irresponsible, especially if you own anything more than a property or two.So I generally try to run what if scenarios on each property and then subsequently run what ifs on my larger portfolio to make sure that the portfolio can weather any economic storm that may come through.I have only been in RE for a few years and didn't gain the experience from 2008 so my question to the group is what scenarios do you test or have you encountered? 

Typical syndication returns can be 8% preferred returns (favor LP - you get paid first up to this amount) and cash on cash returns of 8-10%/yr and IRR of 18-20% over 5 yr typical hold.  

But they can easily turn on you if they are run poorly.I personally love condos, because I don't want to worry about a 20K roof repair, or exterior structure / lawn care.  

You only start making returns when you start investing so the sooner you start the better off you will be.

If you have an understanding of real estate and think you can get better results growing your retirement savings in that asset class, then a self-directed IRA or Solo 401(k) is a means to do that.All investments are made in the name of the plan, all expenses come from the plan, and all return accrues to the plan.There are several different plan types and service models available.  

Flipping without experience is risky as you can easily overlook tricky issues and end up with large unexpected expenses (asbestos removal, foundation issues, mold...)That said, if I was to start today, I would look at reasonably priced duplex or SFRs with MIL potential. 

I send them my application I made and have tweaked over the years and have them fill it out and return it (this is free of charge for them).  

Remote CPAs are always great, it allows you to have confidence that you can trade information with them easily.  

I am getting ready to return to Jax to run my job sites if you need any advice feel free to P.M me.

They might be willing to take you under their wings on a deal in return for work on your part finding them/working them/etc.The same mentor plan could work for other types of deals.