The house will need a new fence soon, so I'll have to factor that into the scenario.I'm not sure which choice is the best option for me.

We have a few parks and we utilize both options.

I know it seems like a tough task, but can you spend a few more months or a year while you continue to learn to really tighten the budget or find ways to earn a little extra to start from a stronger position?

Then the remaining profits get distributed at whatever split you both agree to...I often see it start at 25/75 (75 to the person in your position) and then maybe increase it to 40/60 or 50/50.It would really help if you could provide some numbers on your deal. 

You can get started with rent to own/lease option or another creative strategy like buying subject to. 

If you use the Heloc option and decide to rent it out, don't forget that property (or you) will have to cover both your primary and secondary position notes.I don't personally see Marin being a great mid term market.

On a positive note we did build a new house to the specifications of a specific tenant. 

FHA loans can be a good option here, allowing you to put down a lower down payment.## NetworkingNetworking is key in real estate investing.

The reason being if you show them those reserves and the deal goes bad, they are gonna come after you for that $ and that will put you in a really bad position.

We are doing really well, though, and have a lot of options for growth now.