My husband just left the army in August and is enjoying the freedom of other opportunities.

Indian Rocks, Madeira, Treasure Island, Pass-a-Grill, Clearwater, etc. all have different code enforcement, some of which are more lenient than others. 

Indian Wells:  zero on the market (not surprising)La Quinta: 1 triplex listed at $949,000. 

A 5/1 ARM is a better option in my opinion. 

.- Inexplicably, the 5/1 ARM is currently priced higher than 30yr fixed (6.6%), and the 15yr fixed is priced right alongside government-backed 30yr loans (FHA/VA) around 5.9%.- Inflation is down from 7-8% to 5% but still way above the 2% target.

Within Detroit Class A/B neighborhoods would be East English village, Boston Edison, Indian village, Grandmont Rosedale, Palmer woods, Corktown...etc Most cities in Metro Detroit have a full range of A/D neighborhoods, you will need to narrow your search but you can take a look at Royal Oak, Ferndale, Dearborn, St Clair shores That being said most of these areas don't make any sense if you're looking for cash flow, depending on your investment strategy there are more affordable B-C areas that provide higher yields as a rental investment. 

@Drew Morton- thanks -  1) definitely refinance now while it  considered  a primary  residence as  rates will be  significantly lower then  rental prop pricing   2)  the  .375% spread in the  30 and 15 yr options isnt  huge  so I would  suggest  using the 30 yr fixed  option and if you want to  payoff the loan faster  you can always  pay extra on your payment  3)  fyi -  it would very  unusal if your 1st mortgage ARM  is tied to the PRIME rate ..most ARM loans are tied to other indexes  4)  if you want to keepthe HELOC in place - make sure you let the  lender know as this  will change the pricing and  also require  them to request a subordiantion agreement from the heloc lender . 

I got another minion for my army of the death...I mean the army of good... ahum.To the king of the North.., I mean Apes

The ARM is an adjustable rate loan so the rate will adjust to market after a set period of time.

I wire helicopters for the Army for a living.