I know there are a lot of options, especially since they are family and willing to carry the loan. 

My vote is option one.  

Feel free to reach out, I'm happy to chat and discuss options :) 

.: Some of you have reached out to me to see if we can connect on zoom or other means to pursue legal options.

Today I had a heater issue and snow company that was late handling commercial before residential so we ended up clearing it.Open to each option.

Do you know an approximation of how much the cost segregation with speed up the depreciation, ie 30% of depreciable base(price minus land)?

As you get to this point your gaining more confidence in the options because you know option A and B had a certain outcome that wasn't option C, and this would give you more confidence you're doing the right thing for you.From there, I would be identifying properties to acquire if you don't already have some in mind and then my next sheet is creating the plan.

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

As others have suggested, you could get a conventional or FHA loan if you want lower down payment options.

I want to be able to find potential markets/listings nationally based on the return.