We can also be flexible because our mid term properties have never had any issues getting booked.

Issues to think about are shared walls (if you're renting to nurses they need QUIET in their off hours), parking and how easy it is to get to/from work in your area.

I've done that and have t had an issues in the past 

Whether or not your CPA offers it is another issue.

Why not go buy a new one and not mess with the potential tax issues for you and transfers etc? 

Been thru many scary issues as a young girl.

It won't impact the rental side but will cause issues on the rehab progress and permit nonsense instructed by the city. 

@Philip Jones we've helped our clients do over a hundred.As some of the lenders posting have pointed out, the challenges are:1) Property value and corresponding loan size2) Appraisals have much better comparables than 5 years ago, but may still be an issue.3) Property condition can be an issue via the appraisal4) Ownership seasoning - most lenders looking for 6+ months or incredible documentation for cost of improvements made.5) Most DSR lenders require professional property management.Always try a small local bank or credit union, but most will expect you to transfer your business bank accounts over to them. 

.: I have the same issue.

@Gary R UrenIf the property is zoned for only one home you most likely will not be able to do thisPossibly it could be 123 main st unit a vs b but that is a post office issue and good luck dealing with the post office on this issueI would talk to them and put to mailboxes in the front and see if they can separate it by A and B unit