So you're looking at a house with LTV of no greater than 70% and probably more like 60%.2) "Skin in the game". 

Bad part is that son and GF have no skin in the game if the mortgage goes into default, so be nice to them, you don't want them getting mad and walking away. 

Since I have access to $8 million to $12 million, I haven't looked at TERMS in a long time.Probably many ways to skin the cat.

I would reach out to a lender to figure out exactly how to skin this cat.  

That's cheap with very little skin in the game.  

They would "park" this home on land, rent the plot at prevailing market rent for that area and simultaneously own shares in the parent corp that owned a network of these parks around the country/world so they had some upside to the land and ownership "skin in the game" to the community.

You want to owner occupy so you can collect more doors for less skin, and that means you can't look in another market since you live in Austin.

They want you to have "skin in THEIR game", rather than the "skin" that is scraped off by buying PROPERTY!!!

You need skin in the game. 

Expectation for private money to back your deal when you have no skin in the game and no previous business relationship is very slim.