Ryan if you are buying this building to take over the practice then that 51% usage is a big factor for lenders.

@Logan Hicks There is a landscaping cost of $475/mo factored into the maintenance and repairs.

They seem to cost a bit more, but seem to have a better built in mitigation factor for stability of income.O WOW, thats insane!

I'm not a CPA, so don't take this as an authoritative answer, but my impression is that in most cases a real estate asset held at least one year should be eligible for capital gains treatment.    

You definitely need to consider how renting may affect the wow factor of the house. 

It has not declined but appreciation is something that I can not factor into the equation.  

This is not just a factor in getting loans it is a major factor in personally staying afloat financially.Get the first deal done, rehabbed and sold.

@Curt Davis of course you are right but the anxiety level and cost factors are what keeps me at home.

You are being conservative underwriting to the future, when you don't occupy it. for the present, you must factor in what you would be paying in rent. 

If they are only lending 50-65% of the current value, the property will be the most important factor in their underwriting decision.Not having money for DPs is usually a symptom of other things.