Keep in mind, if the subdivision is not by-right and your investment group wants to seek a variance, you are able to do so as the equitable owner meaning you don't have to purchase the property before submitting your zoning application, receiving your refusal and appealing to the ZBA.

Most jurisdictions require a GC if you're not the owner, and on a new build you'll need someone to be there for inspections, etc. which if you're flipping without a permit you probably haven't encountered that.

Good afternoon everyone, I am looking to purchase non-conforming multifamily in the Essex County, NJ with a 5% owner-occupied down payment.

This means you must be the title owner of the property for 12 months until you can use the appraised value of the property.  

The owner has a small existing mortgage on there about 25k.

The exterior frontage of the townhouses look not great as in many units might not be good on the upkeep which could be an owner/tenant issue or an HOA issue.

The original owner who lost the property keeps coming back to the house and break into it.

@Giezy Villavicencio there will be many agent that CLAIM they work with agents.In our experience, at least 95% of agents only know how to buy/sell owner-occupied properties!

This shows that there are buyers for the multis, but at the same time those new owners appear to be picky about the tenants they choose.

However, a recent case highlights the importance of thorough documentation and substantiation when claiming deductions, especially for unconventional items like recreational vehicles (RVs).In a curious attempt to write off $40,943, a business owner argued that their RV qualified as a legitimate business office.