The numbers were proportional to several 3/2 1200 sq ft homes and rent averaging around 1100-1300 a month.

Basically you need to understand what is income,what is expenses, and what proportion of the expenses are deductible from the rental income given this is your home as well. 

I’m not working with a budget constraint so much as I want to choose something that is proportional given my revenues.Thanks John Meirose I will look into them.

It'll usually be split proportionally between the investors depending on ownership unless they're something strange going on in the operating agreement. 

. - MFH adjustable notes, which comprises a good proportion of all MFH lending, is getting ready to reset.

So the reward should be proportionally higher than what a mezzanine or bridge lender gets upon entering the deal further down the line.

But we bought a compact home that showed poorly, needed cosmetic work and has several bedrooms.

It seems like a good way around structuring as a JV or splitting every transaction in proportion to equity share. 

Rents as percentage,  usually do not proportionally fall as much as home prices during an "R". 

Ignoring the use of leverage that is typical in investing in real estate also is going to mute the returns. 3 to 1 or 4 to 1 leverage magnifies those returns obviously proportional to that leverage.