If a sponsor takes a bunch of fees upfront and little to nothing on the back end then they are rarely motivated to get top value out of the asset over time.

@Mike Loy, As a realtor you qualify for a Solo 401k, which has many advantages over self-directed IRA, here are few:Contribute 10X more than into an IRA (up to $61,000 per year per participant)Access up to $50,000 from your retirement account tax-free and penalties-free at any time prior to retirement via participant loan featureExempt from UDFI tax on leveraged real estateInvest tax-free using Roth 401k sub-accountCheckbook control without use of an LLC Custodian is not required = no custodian, transaction or asset based feesYou can read it in more details here:https://www.biggerpockets.com/blogs/2810/21298-sol...The bottom line is that if you qualify for Solo 401k - it would be way better than an IRA.

However, I do know that nothing is hands-off because you still have to asset manage the property.  

I spoke with more asset managers at banks regarding foreclosures, and sent more letters to peoples homes offering to buy them than I can ever remember.

Like is “Hard Money” easily obtained for a newbie?

I can come up with the $30k but I'm estimating about 50K in reno costs and have no idea yet how to to obtain that money.  

If you need 10 contacts to get 1 listing appointment, and 3 appointments to obtain a listing, you'll know that each of the 30 contacts are actually worth 1/30th of your commission. 

Most will request that all assets be in an LLC; however, all ten loans would come off your credit and become a business purpose loan.

@Andrea Barbee, notes on MHs w/o land (a depreciating asset) for such a long period is not particularly appealing.

Build your team, and equity partners make deals much easier to obtain, but be a team player.