Ever heard of "The Shoe Shine Rule"? 

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

For an investment‑property HELOC, shop local banks and credit unions; ask about interest‑only periods, draw‑as‑needed, prepayment fees, max LTV, and seasoning rules for the refi.

City of Orlando (if property is within city limits)If your property is within the City of Orlando proper, the rules are somewhat different and stricter in many cases.

Practical path: confirm rules with the custodian, price the deal with conservative leverage, get term sheets from lenders who specialize in nonrecourse to retirement accounts, and decide if lending your SD funds to an unrelated investor is cleaner for your first move.

If you still want privacy, consult a local attorney on entity plus registered agent options and confirm your loan’s due‑on‑sale and transfer rules before you close.

If you made improvements after buying but before putting it in service, those might still qualify for 100% bonus depreciation under the new rules.

If you decide to allow it, I would add an addendum to the lease stating the rules and possibly getting a pet deposit.

Properties should be within 20% (plus/minus) of the 1% rule.

That’s keeping rental demand high and helping properties cash flow well, especially in the $120K–180K range where you can still hit the 1% rule.