Best place to find this type of funding is in a group where people lend in this fashion which is essentially unsecured /100% financingyou will not find many to do this except those that are brainwashed by gurus who think it's a great idea

You may also have to pay a broker to rent it, when usually the tenants cover that during peak rental season (May-July for 9/1 leases).Good thing is once it's rented you should almost never have vacancy if you're mindful of re-listing it in a timely fashion.

Any pros/cons on either or any other operator suggestions would be greatly appreciated. 

Please give your best tips/suggestions as I embark on this journey.Thanks,Vidit

Hey Michael,There are some great suggestions given in this post. 

The only thing I'd suggest is to raise your rents unless you think you're at the top of the market.

You all must agree to the same thing or else you will just end up fighting about what to do.Since your mom doesn't have it in a living trust, I suggest you do that right away.

The hard money lender didn’t suggest going straight into a long-term rental loan, but honestly, that’s on me for not digging deeper into the options before jumping in.

Seeing out there if anyone has any reading lists or content suggestions for sales or negotiation in Real Estate.

Do you have any suggestions on how to go about this?