HMLs typically have a box that they work within, and you will want to make sure that you fit that box.

Although I have the skills to work in the industry I felt that flipping and investing in rentals was a better fit for me.

@Jordan PrattAnother idea is if you have the cash in hand, maybe could combine the strategies.Buy a mobile home cash.Improve the property at whatever pace you desire.Bring in roommates and pay yourself back over time.Either keep the property if it’s cash flowing or If you want to sell, do seller financing when you are ready to move on to the next property.There are a million options in real estate and you can mix and match to make something fit your goals and situation.

So this deal fits my math.

You still get to choose the person who you rent to.. why is this always a big deal just take their application and if they don’t fit pick someone else honestly you get all their info and just choose someone else.

That said... and IMO, at the end of the day, if the property you buy fits into your strategy and you have reserves, it doesn't really matter what the market does.  

I would say, “Thanks for taking a look, keep us in mind in the future if this type of investment becomes a fit for you.”

Pros and cons to all of them as you would expect, just a matter of finding who fits best for your specific needs and plans. 

Focus instead on what you like and how the house fits your needs, build the relationship.I would also recommend that you do not run the seller's numbers. 

@Michael K McClafferty I recommend interviewing with several to see what feels to be the best fit.