Once you find that company then you have to make sure that your business model aligns with theirs It is very important that you make sure you take the time to interview and have candid conversations with a PM company.

I've only been using them for a few months, but I like the model.

This has been the most successful model I have seen in real estate.This goes 100% against every guru and investor the past 5 years of get rich quick of buy, rehab, rent and refinance with little money - that video game is out of order so the gurus need to reinvest themselves and they are trying with seller financing and zero down.

You get to show buyers the same models over and over and do not take people all over town.

Quote from @Bruce Woodruff: I assume you;re talking about a model like this? 

It also sounds like they are not the ones actually doing the work, they are more a fund of funds model investing which there is nothing wrong with - just need to do an added layer of DD

You could do it your way but I’d recommend a bit of a hybrid model.

If you need 10 minimum and have to hold those non-paying tenants until you get 10, what does that cost you in your financial model?

Work out a fair revenue-sharing model, such as a flat lease or percentage of profits, and consider hiring a property manager for oversight.This post does not create a CPA-Client relationship.

Typically, the mobile home funds can achieve very attractive COC, a somewhat recession resistant business model, decent upside as well.