One of them recently sold 100+ parks to a large PE firm who will likely take that (fund) group of parks public.

We plan on house hacking a multi-unit or large single-family using the VA loan.  

Most partnerships are either for very large properties or the person who fronts the majority of the money isn't getting a very good deal.

you can do that in the mid west or other low value asset areas if you want to scale up and be a landlord for a job.. you see that a lot.. but not on the west coast.. waste of time in my mind unless as stated your simply investing your small business or professional fee's or other money you make in your day job.

@Michael Cavitolo$50k won't get you into commercial (5+) since they cost more and financing is based on cap rate, and required large cash holdings.On the positive side, might be able to get in multi's (2-4), depending on the area.

If I'm putting in extra work to evict people, you would think there would be some sort of large difference in returns.

The nearest large town is about 25 minutes away.

They all are already on or will either hit the mls or the large REO auction sites.

One technique you might find productive is looking for an investor with a large portfolio looking to sell off some of their smaller units.

Can she not rent out the home and "pay" your friend a large "manager fee but is saving some or all of it so Medicaid will not see and he quietly pays her back all or some of those "management fees" after Medicaide people check her capability to get help from them?