Either way, trading your time and sweat will translate in you learning more and utilizing that in your own opportunities.

Which still should translate to double digit coc, again, depending on the ARV.

Send them a statement with the incremental charges after that's been completed.When they don't pay the full balance you have a stronger case to evict for non-payment than only simple code violations.Depending on the state evicting can be more difficult for only breaking a certain sub-section item of a lease not related to rent, so always try to translate the issues you have back into a non-payment problem.But to your question.  

I would either look at your state/city rental board or pay the hundred or two hundred dollars for a professional translator.

I was referring more to price of houses vs income, which translate into demand for residential purchases. 

It really helps to know that there is a book that covers mobile home investing in detail.When I originally made this post I was looking for some concrete steps or an action plan for determining if this is a deal, the acquisition and exit strrategy.I'm a pre-foreclosure investor and wholesaler mostly and was interested in how that translates over to mobile homes.I may read the book eventually and may end up passing on the lead.Thank you again for your time.

I'm going to translate this for you, @Justin Nothem as Bill gave u some "code" to decipher.If you are an owner occupant, and you are buying on terms, like a note and a mortgage, the SELLER has to abide by the ATR rules of Dodd Frank.See http://www.consumerfinance.gov/regulations/ability-to-repay-and-qualified-mortgage-standards-under-the-truth-in-lending-act-regulation-z/If you are the SELLER, the penalties are like "3 years payments + attorneys fees + court costs plus down payment."

My thought process so far:-Total cost of the home: $400k translates to $2500/mo with $80,000 down-price of the home seems in line with comparables in the area-similar homes on AirBnB and AirD.na go for $400-600/night-assuming a rate of $420/night it would take 72 nights to cover the mortgage-a quick availability check on AirBnB makes that seem easily doable.

For example, what percent of money from either side of the partnership is put in, and how does that translate to split of prophets if the work load between the two are different?

Translation: most bird dogs operate illegally.If you want to hunt down deals then consider just getting them under contact (sales agreement or an option).