2-I am trying to position to the Buyers to take it as-is: home has been used as a 2 family since its construction and I just bought it 2 years ago with this not coming up. 

Hi everyone, a couple of years ago I bought my house and around a year ago I decided to make some extra income and rent a room through airbnb.

I bought it about 1.5 years ago.

The section continues, “… Bed and Breakfast establishments, boarding homes, dormitories or multiple units, or any other similar lodging arrangements are specifically prohibited.”Section 3 – Commercial Use – states, “…no part of a Lot or Dwelling shall be used or caused to be used or allowed or authorized in any way, directly or indirectly, for any business, commercial, manufacturing, mercantile, storing, vending, or other such nonresidential purposes…”.

One bought a investment duplex.

We bought the property via SUB2 and he has never made a single payment to the mortgage company.

Pursuant to what @Drew Sygit just said: the last building we bought, there was a tenant there who got in by misspelling his last name and never presenting any ID.

What they are basically selling is that we bought $150k worth of appliances/cabinetry/carpets etc with the property.

So that I understand, you did a 1031 exchange and bought a house that cost $70k? 

Long story short, my portfolio's equity has grown to the point where the return on equity is so low that it has forced me to consider selling my 14 unit apartment building. 4 years ago when I bought this property for 445k and I dumped in 200k and has performed incredibly well and rents have grown, the building is now worth around 1.1M.