Basically its income restrictions that keep these condo prices low as if it wasnt income restricted, these condos would be worth about $100k more.  

For these reasons, officials say, it's time to revert to the more restrictive anti-quick-flip rules that prevailed before the waiver: The 90-day standard will come back into effect after Dec. 31.

You cannot choose who you want to rent it to; or they simply has a rental % restriction on the total units.

I have had delays with the city regarding flood plains that didn't exist when I bought the lot and caused it to be un-buildable until FEMA made the City of Austin remove their flood map restrictions because they didn't match national standards and FEMA actually pays the City of Austin over $2M a year for flood management infrastructure which they threatened to revoke unless the city adhered to FEMA.  

The question, topic, is about selling, not conniving how some development might, could happen or what they may or may not want with it.Yes, you can sell, so long as a deed with a restriction was not conveyed.

if it is a Fannie Mae owned REO there are deed restrictions on reselling the property in the first 90 days though I think wholesaling would be fine, it more applies to flipping where you are reselling for more than 20% above what you paid if I remember correctly

If you own a home and want to sell it (as in a fix and flip) then you are not restricted to the number of transactions (deals).As for wholesaling, it is my understanding that wholesalers who obtain a contract for a property and then assign it to another investor, they are not actually performing professional real estate activity, which is illegal without a real estate license.Check out the following post for more information.http://www.biggerpockets.com/forums/48/topics/129410-wholesaling--legal-in-oregon

To help these investors (I am assuming they are investors due to them wanting multiple MHs) ask them specifically what they are looking for, what they will and will not buy concerning age, size, price, condition, area, repairs, age restricted parks, family parks, etc.  

@Jeffrey McKee Installment contracts are restricted in Texas, you need to do a straight seller financed sale, you take title, the seller-lender takes a deed of trust, the lender appoints a trustee on the deed of trust.

There are no restrictions likely on your loan to sell.