I am like understand 70% of it.

What financing options are available when partnering with a solo 401(k)? Can you use conventional loans, or does the loan need to be non-recourse?

I think these type of properties do cash flow well from my understanding. 

These programs very commonly involve restrictions and conditions on use, refinance, or resale of the property. 

For your question, as far as I understand, the city of Binghamton doesn't allow STRs, but a lot of people do them anyway.

However, I also understand that lower housing cost may saturate the rental market. 

As a bank will be involved I am trying to think of the best way to structure this. 

Not saying that those are possibilities but understanding those potential outcome and doing what you can on the front end (screening + clear expectations) to avoid them.  

It’s crucial to negotiate terms that benefit both parties, involve a trusted attorney and title company, and conduct thorough inspections and market research to ensure a solid deal.Good luck!

Quote from @Drew Sygit: @Aaron Raffaelli we're also in Detroit area, so let us know if you need help with anything.Edit to my last reply:I just a saw your post from yesterday talking to someone about the Classes you can expect around detroit, and that did help me get a better understanding, but it did bring a new question to mind.