Does anyone have any perspective on this?

Others may not own any places, but they are PM or realtors, so provide a different perspective which is nice. 

From my perspective you have three options:1.

Does it help from a tax perspective?

@Chris SeveneyGreat to hear your perspective! 

Lastly, and most importantly from a lending perspective it could be a little more difficult to go from an owner occupied 2 family to an owner occupied 4 family.

Quote from @John Federic: I ran some numbers for you using the Cashflow Analyzer Pro from AssetAFC.com (see the attached picture).From my perspective, this deal still looks acceptable, even though it won’t cash flow in the first year, assuming a 5% vacancy and 5% for repairs.

Sometimes a fresh perspective and the right contacts can turn things around.Don't let the traditional lending approach get you down.

That is good percentage breakdown, from my perspective. 

So not only do you have to do the rental numbers from a monthly perspective but you have to assess what/how much capital you have at this very moment and where is the best place to put that capital into.