they do typically rent for less, but depending on your purchase and the quality of park and home you can get pretty close, but I would steer your focus to just owning the land and not so much the home, this alleviates some issues and gives owner sense of pride, but have strict and posted expectations on the quality to be maintained 

In my first message that’s automated after a guest books I mention things like “as mentioned in the listing, I have a steep driveway but it is maintained.

The value of your property continues to go up, both from being maintained, building some equity, and from the forced-appreciation from increased gross rents.

Tenants are responsible to maintain cleanliness of the property. 

It also puts me in a poor situation because:a) It affects our relationship based on the decision I make here- If I say NO, then I look like a jerk and he may not want to work with me in the future (I like him enough in many other ways where I would still work with him)b) It affects my ability to operate & grow- Asking for more money obviously puts financial constraints on my ability to invest and maintain financial security over the portfolio.

Solid well maintained home that only needed updating. also cash flow is excellent.

The decision typically comes down to the costs to form & maintain the LLCs and how much that will impact each LLC's net returns.Most of the time syndications are structured so investors are investing in an LLC.

Best not to muddy the waters, and maintain the contractor for their services only (not as a partner).If the thought of taking on the contractor as a partner was because of making it easier to have the total funds needed for a flip, perhaps consider one of 2 other options:1.)

Did you and your team consider a refinance to get some of the investor capital back out, while maintaining ownership?

The lower the purchase price the more work will be required to both maintain the property and the tenants.