@David Bermudez I determined the value based on rent roles of the park I was purchasing and what the market rents are for the area.  

Craig, yes,  the decision is to only take on active partners who will take a role and hole duties, so it will by a Joint Venture and not a syndication.  

The short answer is it's a lease agreement and an option to purchase agreement, allowing the tenant to exercise that option to purchase if they decide they want to. 

Also in Ohio at least, this was for bank owned REO, not when they are auctioning off the initial foreclosure as PSO ("private selling officer") which is basically taking over the sheriff's role.

Keep in mind that the bank's role is limited to simply providing the account (i.e. no tax reporting, no recordkeeping, etc.) such you may wish to de-prioritize familiarity with Solo 401k plans and focus on other things that are important to you (i.e. branch locations, fees, etc.).If you want the ability to invest in stocks, mutual funds, etc., you will need a brokerage account.

That role has some strict regulations that could make you liable if someone follows your plan and it doesn't work out the way you projected. 

I would say you will gain the most experience and knowledge of the industry in a property management role.

SP500 index fund) who exercise significant control over the direction of the stock market. 

If your focus is to acquire value-add parks that require a lot of work, I would suggest YOU become the expert and take the role of offsite manager, overseeing the onsite manager. 

@Will Barnard I’m not sure what you mean I bolded the parts where it explicitly talks about acquiring purchase and sales agreements with the intent of reselling to the public as a principle or in an agent role.