Then put my skin in the game by finding the property. 

You will need a attorney who knows the game . 

Hey @Jay Hinrichs you'll only see me posting in the turn key threads if there is a title issue involved...

If you'r using quickbooks you can classify it as an income account titled "Utility reimbursement" and post it as other income on your taxes so it's not just lumped in with "rent"- this will help you realize actual rental income. 

This will be the first time I have not had a realtor, title company, and atty involved in a purchase.Here's where I'm at:We've signed purchase agreement ($16k PP no EMD), and are ready to close.

Check with your title company to see if they either noted the trailer on the property and/or know how to deal with this.

Hello all, new investor here looking to get in the game.

They stay educated, they study the market, they network, and are on top of their game in all respects.I can give you real-world numbers from my own market.

Definitely makes sense, its a higher risk form of funding forsure, but seems like a good option for someone who doesnt want to rely on their own credit and does have an exit strat A lender is going to look at the quality of the deal and how much skin YOU put in the game.

Although we don’t anticipate any issues, we had a proper agreement of sale, mortgage and note, and we are closing with a title company (so there was a title search and we have title insurance) and will be using a loan servicing company to avoid any confusion about payments, balances due and taxes.