Rodrigues' recommendation may change this), but my next question would be, are there any cities/markets where 1 of the following are true: 1) You have family/friends that live there, 2) You travel there frequently (either for vacation, work, etc.), or 3) Somewhere else you've lived before AND know the area well?

We currently have a construction loan on the properties and we would like to refi to a more conventional loan.

All the best!

Did you attend the training?

A few things to ask are the following:1.

Typically, this structuring takes place after the property is purchased.If a Transfer Is Feasible:If you’re comfortable with the property tax increase, the property can be transferred to both daughters, followed by a lease agreement with your father-in-law.

Would love to touch base with you to hear about the process you followed when you purchased a rental with a TSP loan

LOL   That is exactly what I would expect from the Detroit City Government.If you go there, they are likely going to say you first need a license from a different office on the other side of town and when you drive there, they will say you need an appointment with them, but they only have appointments the third Thursday of each month.  

Thanks for the info!

That is the responsibility of the tenant, not you.