Again, be prepared to call A LOT

I'm a project manager by career, so I know with proper preparation, anything can be successful.  

When a husband and wife jointly own a residence, and the husband takes out a Home Equity Line of Credit (HELOC) in his name only, the spouse's involvement and liability can vary based on several factors, including state laws and the lender's requirements.1.

At least prepare solid rent history showing how much you collected and if it was paid on time. 

Well, none of those things are action - they may be worthwhile preparation to take action, but they're not action itself. 

Additionally, I am financially prepared to sustain hard money loan payments for up to two years, which is realistic for resolving occupancy issues in NYC.

This modern home is part of Griffin Modern's mission to create affordable, high-quality residences within walking distance of downtown Griffin.

While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).

I have also considered this, but there's only one shower and I am not prepared to share the shower with a tenant :).

There are another 20-30 questions I could ask before I could even begin to advise.EDIT - It looks like in Aurora, it needs to be your primary residence if you want to STR the property.https://www.auroragov.org/resi...