The zoning department explained to me the city parking ordnances for different types of space and said I will have to apply for a variance if the business cannot comply to minimum designated parking spots, but I am still bit confused/concerned.

The building is for sale and it’s a very long story.To make it extremely short...We have cooperated 1000% and have even bent over backwards with this tenant’s showings “rules.”She would only allow week day showings, 2 hour window, shoes off, and on and on.We complied because we did not want to start a war.So all of a sudden the other day we notified her of a showing 24 hours in advance and she said we cannot show her floor until she moves out.She still has a year left on her lease because the genius previous owner was signing 2 year leases with her.Now our only option is eviction.Has anybody evicted a tenant for breach of lease agreement due to denying showing requests?

You may have to move the stairways or their existing construction may comply. 

Meaning you buy for $100k and assign $70k to the building, $30k to the land, you must improve the building by $70k. (2) You must comply with the OZ Fund regulation which typically requires assistant from a securities attorney and CPA with strong knowledge of OZ's.(3) If you're recruiting capital to come into your deals, it can be difficult getting someone to invest for a ten year hold. 

Make sure you comply with local/state laws regarding notifications of lease changes, rent increases, etc. ie you may need to do this 30 or 60 days prior to the end of the current lease.

The biggest mistake investors make when putting together something like this is not complying with syndication law.  

I would do inspections and make sure they do take care of your property and comply with your lease.The PM could hold the advance payments in escrow on your behalf.

Also, if a city decides certain changes must be made to properties to comply with new regulations, the tax may be charged.Builders, real estate agents, and brokers are subject to the speculative builders tax if they own a property or enter into limited ownership arrangements wherein they share in the profits of a sale with the property owner.

Yup Artem, that is what 1031 exchange means and thanks for adding in the details.Claudia, to make the long story short: 1031 exchange means you can buy a larger apartment using the equity from your 2-family rental without paying any capital gains taxes (as long as you comply with the 1031 exchange rules as Artem mentioned).

Even if you raise $1 from 1 investor it COULD be a security and thus you would need to comply with securities laws.