No Personal Use: You or family members cannot live in or personally use the property.2.

For example, at the start, do you confirm if all persons in the house are aware of your presence, and do you ask if it is OK for you to open bedroom, bathroom and closet doors?

While I've never invested personally in Detroit, my usual word of caution to investors in these "lower cost" markets is that while cashflow is great on a % basis, make sure to look at the actual quantity of cashflow. 

First of all, my personal credit was a very good at 735 midscore. 100% financed tidied it up just a little bit more with  just cleaning up a couple of things on my credit.

Don't talk yourself into a place because of personal use.Buying a $475k condo that brings in 35k in gross rental income will lose a lot of money.

If you have, you have put yourself at great personal risk.Again, I recommend you get a lawyer as soon as possible.

@Erica King Sounds like this is more of a personal budgeting concern rather than a real estate one.

Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.

Personally, I would pay off the higher rate first. 

Personally, if I were to sell the stock, I would buy more property, not pay off the existing one.