Diplomatic respect for others needs and wants will translate into opportunity. 

What looks good on paper doesn’t mean It translates in the fIeld.

The broker claims she always said it was occupied by 1 unit each but I guess that was lost in translation.

For a side business (somewhat related to real estate) I am in need of high quality translators to translate some legal documents and marketing materials, in the following languages:Chinese (Mandarin), Japanese, Russian, Korean and Spanish.Looking for professionals with experience, not google translate, or fiverr, or the like (i.e "high quality")References would be greatly appreciated.

So I expect that the tenants are from slightly better economic pool, which hopefully translates to more dependable and responsible tenant.

Specifically:“The management of the property necessarily involved alterations and repairs…..it was also necessary to furnish elevator service, heat, light and water which required regular and continuous activity and the employment of labor, the buying of material and many other things which come within the definition of business”.

I've come across the website Eliotandme.com and see there MAY be a potential to make more money on my investment as opposed to renting out.If this website is accurate, I'd like to make my first investment property strictly an AirBnb property and in the event legislation changes or some other plan altering event occurs, I can revert back to my original plan and rent it out to tenants.

The lynch pin to this business is tenants paying rents which translates to your tenants having jobs so they can pay your rents. 

This would in concept increase your CoC from 12% to potentially higher given the rate to borrow is in the 5's which translates into a 6.80% mortgage constant meaning you have to earn a min cap of 6.8% (based on 80k value) to break even.

IME residential lenders (I'm assuming you're going FHA) in this asset class mostly "hack" at it, very few are actually highly experienced with small multifamily, so if they're saying it can't be done, in a lot of cases that translates to "I can't (or don't know how) to do it".