Thanks,JaredI'd only pursue this if there is an big upside for appreciation, or if you planned on keeping the house forever as a rental.Run the numbers, subtract 15% a year for vacancy and on going maintenance and repairs during each year, subtract 15% per year for maintenance and repairs to get it market ready once you decide to sell it.Example if you were to keep it for 5 years and sell at the end of five years:12x$200=$2400 year gross profit15% for vacancy, maintenance, repairs ($-360.00 per year)= $2040 gross profit per year15% set aside to repair, repaint, replace to get ready to sell on market = $1800 $7000-$8000 net for 5 years of rental.Appreciation over the term you would keep it would be the only incentive, and it could be a big reason why to rent it.

If you plan to scale and buy more I would take more cash out.

And that's if everything goes according to plan.

So you'll get another year or 18 months to plan for the tax before having to pay it.

I'll give the disclaimer that the software is new, but if it does everything they're planning on, Jurny is going to change the STR PMS world dramatically! 

The issue I'm running into with this is the area I'm planning on moving to isn't exactly the most affordable, and so even with 0% down, you still have to make the mortgage payments, and you're only qualified for up to an amount supportable by your in-place income, which of course makes sense.

Your first trip should be to the Planning Dept and ask if it's possible based on the zoning, and if they would view it favorably.

We will definitely consider this information as we move forward with our business planning into next year!

If you are buying a 2 unit building, especially if you are planning to buy additional investment real estate your best bet is to work directly with the smaller banks/credit unions in your community if that's where you are purchasing or in the area where you plan to buy.

Happy to have a further conversation if I can be of any help to you in your plans and options.