People have always looked at real estate as "easy money", but the reality is much different.

Potential for Mobile Home Park with other 4 mobiles rehabbed and rented: $3600.00 There is room for 4 more pad with easy utility access.

I would suggest a easy way to start is by studing and becoming an expert in your immediate vicinity.

Now it may seem hard but nothing in life is ever easy and if it is most likely there is something wrong with what you are doing.

Then, I would suggest coming up with a written screening criteria, so that it is easy to know who you will take and who you will not.

Its pretty easy to find out the nightly rates, property prices, and I'm sure a property manager could clue you into their costs.

If they make every payment on time for a year or two, your investor friend can hold the note for a nice investment over time.I do think that giving them 80% of the payments towards equity is too much, he should consider much less.Tenants should be easy to find via newspaper ads with a prerecorded message to screen out interested people.

Its pretty easy to file, no lawyer needed.

It's very easy for someone to sit on the sidelines and examine things that others might be doing wrong.

Oh and don't be nervous about your first deal (I know that easy said then done) for if no one took chances then there would be no investors!