So YES we take every call and unless we're too slammed we try to meet every seller in person.Even if we can't buy their house, they might have a brother, aunt, parent, or friend that needs to sell fast for cash as-is...This is a people business and every person is a new "node" in your network... add as many nodes as possible by engaging with everyone that reaches out to you...

I am actually asking this for my parents..

I got into this deal with my parents.

My grandparent and parents owned and operated a 90 unit mobile home park.

Hi Alex,You could do this in theory however your issue is the co-signor co-borrower relationship usually FHA will only allow blood relative (maybe your cousin, brother, sister, aunt, uncle but friends will be hard but "not," impossible).This strategy is usually called the kiddie condo strategy because parents would at times want to participate in the real estate market when their kids went to college.

I have done business with family (parents, sibling...)

Parents retiring in approx 18 months & own a house they use minimal.

I leased out apartments, mowed lawns and trimmed palm trees (and got stung by many bees), did exterior and interior painting, took on property management contracts for friends, managed my older friend's 16 properties, managed my parents' 55-unit storage facility, worked most Friday and Saturday nights and got my Real Estate License and have done around 10 deals.  

Should I look at financing from my parents? 

The tenants that pay on time are her parents and I would hate to lose them.