I'm an investor from Maine who is beginning to source deals in Pittsburgh and surrounding boroughs.

I'm an investor from Maine who is beginning to source deals in Pittsburgh and surrounding boroughs.

Another factor is the loan available for primary residences are some of the best!

With that said I am getting my license now (in NY) to mainly help my own investing.

The long term plan is to rent out the main house and the apartment for future passive income.We're starting looking into the 203K loan or Homestyle loan. 

In many cases, the pool has been a defining factor in rentability and salability.  

All depreciation must still be recaptured.But I'm still intrigued to hear some CPA responses to this because I think that the above 4 items might not be factors because the investment use and depreciation were all taken by and part of the ownership by the now defunct partnership entity. 

This sounds like the price is too high or they have found a better deals after closer look.It really depends on many factors, like what is the exact location, what is the shape of the lot, how is subdivided,  how is it accessed, how far are the closes utilities, are those private / public, is there any public access, are the access sufficient or do you have to build a new roads etc. 

Does anyone know what classifies as "commercial housing property" in the state of maine?

You could always run your numbers at 5-10% below that ceiling and also factor in the additional carrying costs.