.), as well as the terms of a TiC arrangement.

Let's say I get a motivated seller via drive-for-dollars, do I use a realtor to actually arrange the purchase? 

You need to be self sufficient or arrange for your own contractor to build/install.

I am open to any sort of future partnerships or other mutually beneficial arrangements.

This arrangement really baffles me but I am new to all this too. 

In the worst case scenario with a ban, the property wouldn't cash flow that well (a few hundred negative).I am comfortable with that considering this scenario still cash flows better than most other housing arrangements I could afford in this market.

Perhaps there is an additional financial arrangement in place you are not aware of?

And this wealth can be totally wiped out if the homeowner chose a land lease arrangement. 

Hello All, I am a first time real estate investor that is looking for information on best practices for setting up a checking account and arranging payments from tenants to be received on mobile apps. 

Although you could do what is called a Tenant-In-Common (TIC) arrangement where an investor has 1031 exchange funds and wants to parlay that money into a syndication.