Without that it's a risky investment.

To be clear: we didn't have any of them give us a CDC form, but we were ready with the strategies I outlined above to take them apart in court.It's risky and the Federal Govt isn't doing us any favors.

@Elvin Salcedo really depends on what you can afford to and what your tolerance to risk is. 

He should list it at the rent he wants and keep his mouth shut.Rent control is a losing proposition for towns, communities, tenants and landlords.

Are you willing to share what you feel makes this high risk? I

Rehabs can be risky.  

I desperately want to get rid of this property (I just can’t deal with landlording and I need cash to pay other bills) but if I accept the lowball offer, I’ll lose so much money...I’m also worried housing market will collapse soon and that any nyc tenants may be risky to deal with (eviction moratoriums, etc).  

As a value proposition, we offer a (free) coffee service and a micro-market.Something to consider will be the mail situation... converting from a single tenant building, you'll probably need to coordinate with the local postmaster and install cluster mailboxes. 

I heard that some investors just like to be placed on the deed at closing because its less risky.

If you are willing to take the risk, I learned you not only could force some serious equity but could find it is easier to land a deal in a hot market.