A portfolio lender may have more of an appetite to take on a deal like this.

Be ready for environmental / fire inquiries such as whether fuels and lubricants will be stored on the property, disposal of such things, fire suppression systems, hazardous substance containment, welding torches and other flammable substances, etc.

When doing so, i am curious to know if i will be required to bring the units up to current code in regards to the firewall and fire suppression system.

I'm not sure if this is just because the market is suppressed or because there is an over abundance of newer apartment buildings competing for those dollars. 

I think it’s purely an office issue, banks appear to have a continued appetite for multi-fam, industrial, self storage, even retail.

I just don't have appetite or risk tolerance for doing either (buy unseen or essentially trespass)  

If they are concerned with track record then consider JV’ing with an experienced operator with a good track record and balance sheet  Don’t try to educate lenders on MHP, sort through them and focus on the banks that have financed, understand them, and have an appetite for them.

You could also look into getting a second mortgage but there is not much appetite for them in the market and HELOCs are more appealing to them so the rates are not the best right now.

I would focus on the numbers first, suppress your emotions towards this opportunity, justify the investment, then talk about finding money. 

If you’re early in your career you’ll have more appetite and ability to take on risk and effort to build equity.