Renting it will be straight forward.  

Why can't you take that money out straight up?

If the realtor is unwilling: Go to the seller and ask him to buy it from him All the same questions above straight to the sellerSend her a letter by mail and explain your intentionsGet financing from a Hard money lender: offer cash and refinance it into a regular loan. ** and yes: I don't know how you are arriving at 50k But go see it: based on comparable sales arrive at an ARV (after repair value): then get the estimated rehab cost from a reliable contractor: Then get the ARV $: times 65% : that will give you X: minus repair cost : and that will equal your offer priceFor example: ARV is $100k : times 65% : or 65k minus 20k in renovations: so your offer will be: $45k You can't lose with this formula. 

The middle is a lovely image of my spouse who, when standing up straight is 5'7", is in the mid-renovated to-be kitchen.

At which time either the park would outright buy the home and do owner financing to the tenant or the tenant could straight buy it from the dealer whatever works best for the situation.

Pro's:- you know what you want, what to ask, where you want to buy,  and the average buyer agents who are not pro Airbnb specialists just do not know how or what to ask as good as you do, they can sometimes get in the way, I get it- you could potentially negotiate a reduction in sales price based upon the amount of the buyer agent commission, - the listing agent could work harder to put the transacation together because they are hogging the entire commission, - seller agents know the motivations of the sellers and you may be more successful uncovering motivation, or seller structuring it to work for both sides more effectively than buyer agent- the closest distance between two points is a straight line, we usually get better results dealing direct as experienced buyers, unless you have a superstar buyer agentCon's: - the listing agent commitment and fiduciary responsibility started with the seller, will they now all of sudden become truly nuetral as transaction broker?

This way he gets his money once the house sells and it’s coming straight from  the sale of the house and from the escrow company. 

He or she will just be straight up and teach you what works, not drag it out.....over a hour...or in some cases a couple months..

Is it better to try to work out terms with the bank directly or go straight for a subject to purchase?

You might get more of a straight answer by doing so.