The question is mostly a personal financial planning question and it depends on your preference and what balance of risk and access you'd like and would be comfortable with.

He likely needs to stay where he is, save up money for a downpayment on his own, and buy when HE is ready.He's not ready. 

Personally, I've been in the mobile home investing space since 2007.

It's important to understand that a person can sue another person, but that doesn't constitute a judgment.

Signing the lease demonstrates they agree to the terms and then you can hold them accountable.If you don't do this, then the person named on the lease and paying the rent could disappear and you would have no legal authority to charge the remaining three for unpaid rent.

Quote from @Chris Garnes: Sounds like you need the money for rehab? 

Investors want a person that they consider a good "business partner", but most of the wholesalers I see come of as borderline crimnals.

I personally don't like the idea of using OPM as is often recommended for people without their own capital.

@Dustin Horner you should be contracting maintenance work and creating a preferred list of vendors as @Phillip Austin has recommended.The first person you hire to help you should be to handle what you LEAST like to do yourself or has the greatest time savings for you!

I put 20% down using personal and private lending.How did you add value to the deal?