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I agree w/ thebacon sell your dogs (if it is one) the opportunity cost could be huge (I cannot stress this point enough - oc oc oc oc oc oc oc oc oc oc oc ....i think its probably the most valuable thing to consider in economics) yet if it is a good investment, there is no need to...

i think this is what bear was suggesting ? if your PPOR doesnt fulfil your requirements as an IP then why buy it ? why not rent your PPOR (as it is not a good investment) and buy elsewhere (that is a good investment) as you have suggested the property we are in atm is yielding ~2%