If your market does not permit you to buy with this criteria then look at other markets.  

Ah, then go for it, I'd begin at building regs as to the permits, if the town is looking for tax revenue they might push back changing it to residential, who knows, but it should be a very simple process.

Any issues within the unit during their stay, PM acts as my agent, this also includes pickup and drop of keys, as well as supplying parking permits for our lots.

What permits are needed, or does is the property already on a rental program?

@Quang NguyenSorry to burst your bubble but to my knowledge, you are not permitted to use your RRSP as a down payment if you are purchasing it as an investment property.  

Whenever I've done a flip I've always compiled all of my receipts/invoices, HUD1's (purchase/sale), tax docs, permits and any relevant info for that specific flip in a black binder labelled with the address of the property.

If you add the land acquisition, planning, permitting, construction and sale, we should be near a year in LA county. 

Even if your lease permits showings, you can expect a fight based on COVID. 

We have been renting it out on Airbnb since about April when our STR permit was approved.

Then, I would go to the local police station and plead with the socialists for a permit to carry a handgun.