Based on your description, it sounds like you would violate the self-dealing rule and could put your SDIRA at risk. 

@Adedotun Kembi Most lenders will only lend a total of 65-75% on a rental and at much higher interest rates due to the higher risk.

Here is the BEST way to develop an understanding of the risks and rewards of redeveloping your propertyBEST - Hire a CRE - Counselor of Real Estate to do a complete market analysis.  

That means creating a clear budget, forecasting cash flow, and maintaining a detailed financial model that tracks both the current and future performance of your portfolio.Tax Optimization & Risk ManagementBeyond financial clarity, strategic tax planning and risk management are essential to safeguard and grow your real estate investments.

Detroit offers solid cash flow potential, a relatively low barrier to entry, and the market fundamentals are improving with a growing population and significant investments in the city.Since you’re based in upstate NY, Detroit is also a quick and easy flight, making it easier to visit and get a feel for the market if you’re considering out-of-state investing.

If it concerns you that much, adjust the purchase price to take into account this added risk. 

Here’s the difference:A 5-Star Review Validates It reassures potential guests that your listing is as advertised—which is great, but also expected.

Since your townhouse may only break even after you move out, it’s worth exploring options that align with your goals and risk tolerance.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

This cuts out a big portion of the potential buyer pool.