@Yuriy ShepelinYou're not providing enough details as to what type of asset you're investing in, what market, what is the strategy, how much work is involved on each partner side, how long is the holding period, what are the exits, and etc...Aside from that when evaluating a structure there are several factors you need to take into account:1) everything is negotiable2) your "designated driver" experience and personal "skin in the game" play a part in the structure3) the structure could be waterfall and/or combination of multiple things.

Love the passive income but ready to get more skin in the game after marriage, kids, life and 9 years "waiting" for a downturn in the market.

From my experience the issues that come from using an owner carry for the bulk or entire amount of the non-bank financed portion is that underwriters to want to see cash or skin in the game from the buyer.

I personally would repair the homes (for as cheap as possible), fill the vacancies using RTO, charge $1000 down/deposit to have them with skin in the game, and strictly/consistently enforce park rules and No Pay No Stay. 

They have more skin in the game then you do.Make sure you get clear title.

They have more skin in the game then you do.Make sure you get clear title.

While I don't disagree with the content anyone delivered, you gotta give people time to develop a thick skin.

They have more skin in the game then you do.Make sure you get clear title.

They have more skin in the game then you do.Make sure you get clear title.

Just save up 10-20% of the price range your looking at ..find a burned out landlord thatll sell it to you on terms with a healthy down payment  .