Should I be concerned the bank may have issues with this? 

That said, if you have a very specific issue, please contact support@biggerpockets and perhaps they can assist you.

Also, check for prepayment penalties or clauses that could cause issues.

However, the biggest con is that you are sacrificing a bit of your privacy by living right by your tenants and it is usually a lot more stressful since everything is your responsibility - managing tenant issues, handyman repairs, taking care of the lawn, etc.I would strongly recommend house hacking especially in the Columbus Ohio market!

The issue is: can the operator survive to that "long term".  

You can wind up with title issues if you are not careful. 

It seems there are still issues with the San Antonio project.

Texas has some weird laws that don't allow all banks to have HELOC options.

You mentioned you are struggling financially - answer a few questions for yourself- How long can you reasonably afford the property given the current tenancy issues?  

Quote from @Jason Burkart: Quote from @Linda Weygant: A few issues come into play on this.1.