Commercial zoning would be okay as long as the property is considered LEGAL but non conforming. 

@Mark Thiel This is not legal advice but I think most LLCs are overrated unless you are required to have them for lending like with many DSCR loans.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Pay special attention to #4 and #5.An LLC is useful for two things: anonymity and legal protection.

I am not a lawyer and this is not legal advice.

.: I would reply to his threat of going legal with the final punchlist you're requiring to release final payment.

Hey,If "building class designation" is the same as zoning, then this seems like it can definitely be appraised as a two family, with both the legal and actual designation as a two family.Depending where in NYC, that may not help your valuation, as primary residences sometimes sell for more than investment properties, so check that out before challenging the appraisal and definitely before paying for another one.Double check all this with your lender/broker as well.Best of luck!

There are not enough Gen Z-ers to replace them, and that puts pressure on (legal citizens) wages, partially offset by immigration.

I know I will need to get some legal advice, but I am really looking for some input on where I should even start. 

I didn't get my money's worth from MFM.Update: Nov 2024- they have restructured their program to have 3 paths: acquisition, capital raise, or underwriting - and have a 12-class program for you to follow for each path (what happened to asset management??).