From retail centers in bustling neighborhoods to industrial warehouses along transportation corridors, the market offers diversity and potential for attractive returns.

This takes forethought and planning that you can search the forums about.I think you will find your potential seller financing path challenging - not for what it is, but for trying to find those properties that will fit your timing, as well your scenario - whether it being the right size, condition, location, the right terms, etc. 

I'm not the homeowner but potentially the co-host/property manager.

Jackie In general, condos are often seen as a better investment option compared to co-ops because with a condo, you own your specific unit and can have more control over its value and potential for appreciation.

Drove passed by this home, from another potential investment deal.

We are more than willing to travel out there to interview the potential companies in person, but, like I said, we are not interested in managing these properties ourselves and are looking for suggestions of potential PM's.

In fact you seemt to be on track to have a new opportunity and partner potentially.  

Given your situation, here are some considerations and potential steps:If you plan to convert your current residence into a single-family rental (SFR), you may want to explore refinancing options.

Is he being overly cautious or is this something that could potentially alert the lender?

Make sure potential builders sign a non-disclosure agreement (NDA) before showing them your plans.