If you are a builder, what additional considerations should we consider if we demolished the house in order to build a more traditional property in place of the current home?

@Rax Gupta lot's and lot's of variables go into what makes a deals numbers green, yellow or red, in simplest term's they come from 2 root considerations; Risk Assessment and Operational Assessment. 

And as a property owner would start acting weird about paying, the size of that down payment would increase, considerably. 

Personally I see a whole lot more problems to sub-letting than I see upsides, and I find it hard to believe there is considerable profit margins to be made there.

One consideration is that I need to buy a home within 1 year to take advantage of a sign-on bonus (sweet!)

I own 2, was planning to refinance to 7 units total, which means just by scaling, the net return would increase considerably (1 CPA for 7 properties iso 1 CPA for 1 property, 1 bank account for 7 iso 1 for 1, ... etc). 

I will put all these into consideration and talk to my accountant.

The market has come back strong though so as long as you didn't change your investment allocations you should of reversed most of your losses.The only thing to take into consideration is the vesting of your match if you only plan to stay in your current job for 1-2 years and you do not have immediate vesting then you might want to just save the extra money for reserves or downpayment on your next deal.

My house is raised almost 3' off the ground, which wasn't taken into consideration until I got the elevation certificate. 

If they do not disclose financials per the lease now may be a good time to require it for consideration of additional rent requests.