Recently, the insurance carrier I have been using has decided to drop coverage of parks with Park Owned Homes, the policy I had was strictly liability. 

I spent the majority of that time traveling the country for small public company that had a niche in acquiring owner financed land notes.  

As a business owner, I would never show a prospective client my financial statements.

After couple years of wholesaling deals to developers and investors, I thought I was in a good place as it relates to knowing what to do in the event I decided to take down a deal myself.

Then I sell when others decide to show up.

Note there are expensive surcharges added (I think it's $250 minimum added to premium) for investment/business vs owner occupant. 

If you are in a condo building look at Section 718.110(13), Florida Statutes, provides as follows: “An amendment prohibiting unit owners from renting their units or altering the duration of the rental term or specifying or limiting the number of times unit owners are entitled to rent their units during a specified period applies only to unit owners who consent to the amendment and unit owners who acquire title to their units after the effective date of that amendment.”

The property is a 6-unit building in Los Angeles.Given the significant difference in current rents vs. market rates, I'm looking for advice on how to legally and ethically approach raising the rents to reflect market value, should I decide to move forward with the purchase.Some additional context: even if I were to negotiate a better (reasonable) price and were to successfully evict a tenant who is 5 months behind on their rent and charge the market rent for that unit I'd still be -$600/month. 

Owners (especially owner occupied owners) should be able to purchase and rely on zoning to keep the community with the density permitted by the zoning.  

Quote from @Josh Myrick: No loan options but Iv been really interested in modular multifamily and would love to know which company you are using and any other details your willing to share.I would love a modular triplex or quadplex here in the Asheville area.Hey Josh, I am looking at this company.https://virginiahomesofboydton.com/Working with Carla there, tell her I sent you if you call.828-380-1772 is her cell number.I would be interested in staying in touch if you decided to go this route as well, to share information we gather along the way.