If you put down $60k capital gains and the bank finances the rest that would potentially qualify for all of the tax benefits.Q: If I hold property in an OZ for less than 5 years are there any tax benefits?

Repair money should be in the bank, not coming out of your pockets when it happens.

Best part about investing is the ability to stretch your funds with the best bank financing available.

Then you can advertise and get a lease lined up for when you move.Two considerations: 1) If you want to refinance and get out of your personal name the local bank will probably want to see some seasoning on the lease which you may not have on the side that you living since you are leasing and running.

I’ve received some not so good rates from the bank.

It is not in very good shape, but is also not attached to the property in any way shape or form.

I know that for CoC the bank financing option is the better route but I'm wondering if there are other factors I should be considering when deciding which way to go.What would you do in this situation and why?

Attached are my actual numbers- All on 30 Yr fixed ~< 5% rates(all in NorCal market).

Along with that attach a property record showing you are the new owner. 

I attached pictures of the garage and the home below.