This is our first call to a park owner,so it was a good exercise to get our feet wet. ive been mostly buying mobile homes in the L.A. area and am planning to acquire a park in the next year.

Certainly not a short term rental question lol  Lucas, that is not correct and its been discussed extensively in other posts.As with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the SAME individuals in an official capacity (e.g.

What I do is sell on a Lease Option to a Tenant Buyer getting $25k down and cash flowing the property for about $500 positive cash flow and the Tenant Buyer must wait at least one year and a day to exercise the Option.

I would have a frank conversation with my partner about how you are planning on diving the roles and responsibilities, that should usually dictate the rewards of any business partnership.

-What roles or personnel make the ideal real estate investing team (i.e. realtor, broker, etc.)?

Many banks will role multiple properties into one loan.A few red flags that I see right away:As you mentioned the expenses do look very low.

There is no way to know IF the broker / agent is acting in an intermediary role in this scenario...the other buyer could just be a customer and not a client in which case the listing agent is not representing the buyer in any capacity.

The operating agreement should spell out your roles and responsibilities, profit sharing, what happens if one of you dies, etc.

If you exercise reading comprehension this was explained already politely to you until you insulted me.

Another pro, you can make snow angels or snowmen, doesn't help my bottom line though.On another note, weather plays a big role with rental areas.