Part of the deal is that my partner will be doing all the leasing and management which definitely cuts the costs.

That's just a tenant looking to own a mobile home.It would be an investment if you were selling turnkey rental properties that you would buy/rehab/manage and all the investor would have to do is front the money and take a cut of the rent cash flows each month.

This might be your opportunity to cut your teeth, and get a return for you and your friends' money!  

I don't want to make up a long, exasperated post about myself so I will try to just cut to the chase.

Many people use relationships for leverage in business to get away with things and cut corners so keep this in mind.

Both these things cut into potential cash flow, so I am happy to accept $100 - $200 per door in cash flow, so long as my CoC return is at least 10% (outperforming what I could do over the long run by passively throwing my money in the stock market).

After hitting cap it's a $250 transaction fee. it isn't free, but very reasonable and on the cutting edge of tech in the industry.

I have capital available and would really like to just cut down on the learning curve and just buy into a turnkey multi-family or multiple single family homes.

It really blew me away, and seriously cut in to my expected cash flow.

—Yvonne - I’m going to cut and paste your wording for my property manager.