For mobile homes, it often depends on whether the property is considered real estate (attached to land) or personal property (if it’s not).

Just depends on the situation/scenario.

There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal. 

If its single family I wouldnt bother with a manager but 2 or 3+ tenants in same building I would consider it depending on how hands off you want to be on the tenant issues and how handy you are

Depends on their health and any desire they may have to simplify.

It all depends on what your requirement for cash flow is.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

If it is someone you know you can give them a straight return as if its a loan - can provide a lower interest rate to provide upside - it really depends on the lender and what are they concerned with and what is their risk profile. 

You will need different attorneys in different states depending on where they are licensed.  

Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!