Here in Orygun they dont allow bond issue for private development so yes if you get stuck with some major offsites its up to the project..

Managing a property hours away can be challenging if any issues arise, but having a third-party property management company could help handle those situations and make things more manageable.I think you are in the right place to gain some insight on what would make you successful. 

Numerous times I have been able to think through an issues that arose on a construction site and saved the Owner by proposing an alternate route to resolve it. 

You will probably run into some issues and need to budget for that.You budgeted 5k for unforeseen expenses on a 4000sft home.

I am also have issues with this construction group....

There is no issue doing it in your personal name. 

@Kash Tacke legally, you would need architect drawings to get approval from Detroit Zoning Board.

And will you have ongoing maintenance issues beyond your CapEx based on the building's age.I personally would be suspect of this deal.

Hi @Kenzer Hodgson to @Sarah Kensinger's point above, I'm not a fan of so many people spreading legal advice/insight on the forums, but at least it's better than Instagram/Facebook and YouTube. 

Ran into a similar issue as you back in 2021 when I was living in San Francisco.