I plan to move back to India soon and was wondering if at all it would be possible to remotely manage my properties from India (12 hour time difference makes real time communication a lot harder).

Let me know if you had any plans in mind on the build, did you want to have drywall, wood stove, pellet stove, furnace?

The terms on the HELOC, if you can find one, will most likely be worse than a cash out refinance term sheet I am planning to cash-out refi as much as possible.

Plan was a long term hold as a short term rental.Step 2 - the plan to fund this project was through the sale of another property and monthly income/savings.

Do you plan to self fund or hardmoney/etc? 

Saturation has always been an issue in that complex and only select floors offer gulf views depending on the building. 

I own, am planning to retire to the East Coast with my son and two little dogs.

If the guest has a valid point make some changes, and in the response acknowledge you we're unaware and plan to adjust.

So ask them to pre-underwrite your deal and give you a feel for what their best plan would be.

Some plans include house hacking, seller loans, flipping, creative deals, private cash, group deals, sweat equity, and government help.