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.

They seem very challenging but doable.

Account Closed This is totally do-able, but can be challenging in Cincinnati.

@Tyler Dalton 90 day seasoning in Baltimore is doable without tax returns or income verification for many portfolio lenders. 

It is doable, but one of the best approaches in purchasing here is being flexible in location.

All that to say, renting out part of a house is very do-able in the area.

That was doable but left very little margin for error and not much return.

I think your plans are totally doable!

Hours at work also plays a part into it as well.If you have any kind of real responsibility at your job and people breathing down your neck, doing this part-time while you still have a day job, is doable but it's not easy.

It's stories like that which got me started, and made this "investing thing" doable and real in my head.