If you have a good property manager:DO NOT SELL!

I get what they are trying to do here, preserve 2-4 unit properties and discourage deconverting to SFH. 

Upon inspection the appraiser will see the crawl space and see it was a mobile home plus a HUD tag and public record.One of the requirements in mobile home financing is the property "Must" be on a concrete permanent foundation(in order to be real property) on top of that it requires concrete pillars, skirting and the "Well and Septic" dug and placed within legal distance from subject property.

We are seriously considering  rent to retirement properties given the relative passive nature.

I have a w-2 income and own three properties, all long term rentals, that I've had for a few years.

I am a property owner in central Texas of a multi-family home.

Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 Purchased off-market from a tired landlord, this fix-and-flip involved renovating a distressed property with outdated features and deferred maintenance.

I recently moved to the DFW area and want to get involved in real estate in the near future (looking to buy a property in the next 6 months to a year).

Is it worthwhile opening a discussion with the property owner to see if they're open to selling the property?

Keep the property IMO.