And since you hold the property with your wife in a trust that makes this a related party scenario. 

I am asking what you hope to achieve with this complicated setup?

Unless this is strictly a student housing for IU play you would want to be extremely hands on to make this work in my opinion.

For example, I want to make 100,000 this year in flipping homes.

All of this equates to lower returns with turnover costs, being the primary one.  

This is rapidly becoming the 4th boom/bust cycle I've seen.  

The information contained in this post is not to be relied upon.

They all say they will be on the lookout for me, and they are experienced realtors.I did however get one from here, bigger pockets, and this realtor hasn't worked with investors before, butis asking me to sign a contract so I am working with them exclusively.The reason I am asking what to do, is because this realtor with the contract is very new, but I heard that most realtors will ask you to sign one if theyre serious.

using this form of financing is a great way to acquire/fix a property but if you are looking to hold long term you would want to find long term financing. 

I'm wondering if you can help advise on this situation.My mother currently resides in a property located in Los Angeles County.