Lending terms will be important here.I'd say the biggest challenge thus far is making sure I feel comfortable managing this remotely, as it's located about ~150 miles east of Dallas. 

@Jesse Streng Great that you want to invest in the Detroit area but I encourage you to come to the city and spend a weekend here to get a feel for the market.

If I don't feel comfortable I also give folks a chance to get a cosigners.

And sure, feel free to reach out.

network with local agents to see where they took theres. but not much to it but go with who you feel comfortable with.

I feel like the builder had to have known this.

If you feel ambitious, you could try a BRRR strategy adding additional equity to the subject home and then taking equity out of it to pay off either the HELOC or if you decided to the refinance the primary residence. 

So, the total base move-in costs would be $2500, all paid prior to lease signing.Since choosing a place to live is a very personal decision, please feel free to do a “drive by” of the property, located at 123 Main St., so you can get a feel for the neighborhood.

Post a few more photos of the different rooms so we can see the general feel of the place.

Like many MTR hosts, I feel like it's a big risk to list my properties on Airbnb for longer stays.