Would the propery be considered a short term rental that, should all other requirements be met, and a cost segregation study performed, to qualify for the short term tax loophole/bonus depreciation? 

Can someone enlighten me as to the difference between the book bonus forms (which I have) and the Landlord forms (http://get.biggerpockets.com/forms/index/)  available for purchase (or for pro users) here on the forum. 

The strength of your site will tend to determine how much you can push the tenant on terms.Another option is to tie in ground rent at say 100k but then tenant pays bonus rent above a certain annual sales number per year.

Bonus scenario: bite the bullet and get a non-recourse loan with 30 to 40% down and buy 2?

We covered LLCs and cost segregation/bonus depreciation during our call.

Large bonus space, an entertainers dream.

This is a way to defer the taxes and have money to reinvest. https://www.biggerpockets.com/forums/51/topics/569293-can-i-use-100-bonus-depreciation-as-alternative-to-1031-exchange?

Bonus points if you're from NYC as well.Thanks for the help!

@Julio Gonzalez I had bonus depreciation that I had claimed on those properties because they were value add. 

Closing costs estimated at $13k plus estimate for finishing the bonus unit about $12k.