In simple terms so the rest of us can comprehend, can you please explain the existence of PMI if leverage is, in fact, as you vehemently profess, risk free?

Disclaimer I am not affiliated with Todd other than a few emails back and forth and gain nothing from promoting him.

Bryan,Maybe I am missing it here, but I don't see anyone pointing any fingers or labeling anyone as a liberal or another other party affiliation in this thread.

Your educational background will make up much of your social skills as well as the ability to grasp abstract ideas, comprehend the purpose of laws and regulations to be applied and construct or devise methods in a logical order to solve problems.

What I will do when it becomes time is talk to Property Managers in the respective City, those not affiliated with the Turnkey Operator, and ask them how difficult it would be to rent the properties offered by the Turnkey, the type of tenant, average rent rates, etc. to get a feel for the areas that are hot and those that are to be avoided.

Affiliates are paid for recommending people yes.

I'm not sure what @Ken Rishel was suggesting but he made a comment as to the MH dealers entering into a sophisticated relationship I believe involving various entities for compliance in doing business.If you can inject funds from a qualified lender then affiliate relationships could just fund purchases and portfolio notes with affiliate relationships, such as conduits with affiliate banking relationships, could be rather simple to convoluted.I think that a centralized origination and servicing operation could be established.

You'll probably learn to comprehend them soon enough, but I'd pass on a deal before entering one I don't understand.

I am not sure however I would bet money the PM company is affiliated with NARPM!

Are you affiliated with them?