If it is 3 then you have a legal triplex, if it is 2, then they are falsely advertising or they are owner occupying it. 

The previous owners had a problematic tenant in the first floor who was not paying the rent and ended up opening up several false complaints with the city and eventually left the apartment when the previous owners started eviction process. 

False.

I learned that XYZ was not true and they also told me the following false information to get me to invest.

The entire notion of a NDA in this context is absurd. 

Obviously the plan was to raise new money to pay old money...The line "The false statements allegedly included misrepresenting Kapoor’s compensation; his cash contribution to the capitalization of Location Ventures" is also scary.

It's a false sense of security because if the right attorney came along, not only would your insurance be maxed out, but they could still take property and/or income.

I find it absurd that biden admin is trying to remove 1031 exchange.

In markets with post-occupancy or quality-control issues, the inspection process became absurd.

Yes, this^^^^ I still recall them pulling my Superhost status for over 6 months after they falsely claimed that I cancelled a guest.