Feel free to reach out though if you have specific questions, it is fairly common!

And because I'm looking for a long term finance situation, I'm not looking for a loan that is going to have a really high interest rate, with hopes of refinancing later.

Make sure you get his idea of what situations could require a fee.

Consult with a qualified tax advisor who understands these limitations and can help develop a comprehensive strategy aligned with your specific situation.Remember: The best tax planning looks beyond immediate deductions to your complete financial picture.

Learn what each one of these are, and see which makes the most sense to apply to your specific financial plan. $150 cash flow on any rental especially a triplex is dangerzone imo. 1 month of vacancy of 1 unit could destroy a years worth of financial gains.  

Call the zoning department again, and this time ask specific questions: Is a variance required, or can you proceed as-is?

In terms of renovations it really doesn't matter much from a tax perspective.The bigger question is what are your specific investment goals?

Quote from @Danny Gonzalez: @Joshua Lanzieri  I’d recommend hopping on a call with your property manager as soon as possible to clarify the situation.

If so, and this does happen during a guest stay, how would you handle the situation? 

again its just reminds me of that situation I have no clue as to how good these deals are or are not.