Can you give me a little more information about where the property is located? 

Selling the convenience of the location first and in such detail may lead some renters to assume that there is something not so great about the house itself since the sale in on the location. 

I don't know where in Michigan you are located, but I'm happy to give advice or share experiences.

@Adam M.The cost for a real estate tax accountant will vary based on location, experience, education and other factors, just like any other professional.

When the rent rates stabilize, I suspect they'll bring it back.I wouldn't try it in a location like Portland, but 99% of the country would be fine with a policy like this as long as it is disclosed and applied equally.

It would depend on your income, location and price of the home. 

My ideal location is in the middle so I'm away from severe flood risk, but still 15-20 mins tops to downtown or the beach.  

It could, but you could screen this location with PriceLabs.co as they use both airbnb and hotel rates to create revenue forecasts.

@Sang Kim- thanks for clarifying you are trying to get a commercial loan ...this is a  completely different product than a home loan ...You still should be able to  locate and obtain a good commercial loan  without  having to pay any fees upfront  ( other than possibly paying for the appraisal after the  loan has been  approved )

A mass shooting occurred tonight on the street next to the street where the property is located, leaving nine people shot and one dead.