It's definitely not late though!

At my age, I wonder if it’s too late to "get rich slow," as is the case with most real estate investing.I’m curious: is there a section of this website or a community that focuses on late-start investors?

We affirmed the absolute rights, set forth in your State’s LLC Law, for ANY Member to request copies of the three most recent years Federal and State tax returns issued by the LLC. 

Just to make sure we’re both on the same page, I’m referring to the annualized total return that is included in the bigger pockets rental calculator — I wasn’t intending to compare RE to stocks, but maybe I’m missing something in your answer.  

Is there any software where I can filter out properties below a certain return? 

Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return.

Yes, you will have to file the partnership tax return.

Have any of you used a similar tiered return strategy?

The first few times, I didn't charge a late fee.

While they generated some cash flow, I found the effort required to manage them wasn’t worth the return.