The only competition is a run-down park which is mostly full-timers with neglected trailers.  

To me that's a better mentality about it than just saying to yourself up front that having a buyer's agent is useless, no matter the circumstances. 

It makes the conversation much faster and a lot more productive and revealing.If the investor has to ask 1,000 questions while interviewing a potential sponsor, either the sponsor has already failed the interview for neglecting to provide answers in their materials, or the investor has failed to do their part by reading what was provided.

Through research, it seems as though if the seller could not perform due to this circumstance the contract is null and void.

Also, I talked to the property management company that said people often buy with an FHA or "must be primary residence" loan and then say that circumstances changed/prevent them from moving in.

If the investor lives at the residence for at least two years out of the five years prior to its date of sale, he is exempt from paying capital gains tax on the first $250K of capital gain ($500K if filing a joint return with a spouse).An investor could rent a house and live in a trailer on the property (1) if the property is sufficiently large to make that practicable and (2) if such a circumstance is permitted by the local jurisdiction. 

Certainly I'd agree that this is a stretch in ordinary circumstances, but wanted to put said possibility out there for further research and follow up for those who may fit the criteria such as a property zoned commercial.Congrats on multiple contracts this weekend!

That neglects one of the primary levers of real estate investing and, does not hedge against (seemingly imminent) currently inflation as much as buying with leverage could.I'll second Aj's lead-off question above:  what's your why?  

Eligibility is based on the tenant's circumstances/income level and they will almost certainly have to submit something in the form of proof of income in order for the landlord's application to be processed/approved.Ultimately, like with most of the other tenant protection laws that have passed since COVID started, this isn't for the casual hobby landlord. 

You could go with an FHA loan on the next one and only put 3.5% down, reducing your cash out of pocket to get into it but you have to be willing to owner occupy, at least for a year or two (though circumstances can and do change - you just have to go in with the intent of owner occupying.)