I hope to be able to contribute to other peoples’ journeys as well in these crazy times.

Most cities don’t want a mobile home park in their city limits because the tenants take more money out of the tax system than they contribute.

We want to detail the responsibilities, capital contributions, profit and lost sharing percentages, decision-making process, have dispute resolution methods, and exist strategies.

I sure have to learn the terminology and implications of certain aspects and im sure I will but it very much helps having such helpful resources as the contributing folks in the forum here.Thank you all for your support!

Ownership and profit-sharing can be split based on contributions, with you possibly earning equity through sweat equity.

Thanks again to everyone's contributions and comments. 

-It doesn't appear you are contributing any of the equity.

The only other options I can see are A) your mom partnering with you rather then selling the property to you - you become 50% owner and bring the funds and management to the rental while she provides the existing equity as her contribution; or B) your mom lending you the rehab cash out of her personal funds while also seller financing the house to you. 

Keep in mind that DSCR loans are how most investors have scaled. whether its residential DSCR or commercial DSCR at 5+ units. personally, i like them better. few reasons why:1. seasoning period is only like 10-30 days vs 60days going conventional2. seller max contributions DSCR is 3-6% where conventional its only 2% max3.

Sorry that I don't have anything to contribute to this thread, but I wanted to ask - how do you find these deals?