$6k tax.Ins,hoa, not to mention utilities . took out a HELOC off of our personal home ( res.worth $900k, and a 260sq ft studio, mtr. $1450 mo.) for$ 220,000 for the deposit.

When the deadline approaches you need a person to push it through in time. 

Contents (Personal Property): most homeowners policies give a set % of the Buildinglimit for Contents.

RE has always been a lifestyle for me personally. 

Hard money lenders focus more on the property’s value rather than your personal debt to income ratio (which traditional banks use) allowing for quicker approval and funding.

I highly suggest as many in-person networking events as possible! 

Personally, I would keep the property but I don't know your situation and if you could better use the money elsewhere.

While I've never invested personally in Detroit, my usual word of caution to investors in these "lower cost" markets is that while cashflow is great on a % basis, make sure to look at the actual quantity of cashflow. 

I personally use a company called swift permits.

The GSEs, Fannie Mae and Freddie Mac, both allow the use of foreign income under certain circumstances.In the personal tax returns provided by a borrower, you may see an IRS Form 2555, which identifies the foreign earned income.