I was just wondering what banks would think of my controlling the day-to-day of the property and a parter only being passively involved past the mortgage signature with no real skin in the game.

A whopping 4 years after being introduced to BP, I decided I needed to stop making excuses and jump into the real estate game. 

And I will humbly disagree with your position -- it is not a zero-sum game.  

Once you have the map data, you (or the developer) could group the addresses in any manner you like.

In the Temple area I know of two investors that lost fairly badly at that game; due to low demand.Yes, to renting to students and yes, to your smart observation to keep all markets available.

I am becoming more and more interested in flipping, investing and or even working with investors/developers. 

As an alternative game you could also consider investing with a multifamily real estate syndicator, no work needed, and make something like 9% CoC and 15% IRR as an example. $50k - $100k can get you started with most.

There are pockets of Detroit that are receiving funding to develop connection throughways into downtown. 

Yeah the moving every 3 months fits into my current lifestyle well and I have plans in motion outside of real estate to develop a community in each location. 

Would urge you to develop your knowledge and firm up your investment criteria before deciding what route to pursue.