Especially in the lake area, I will 100% go with a larger unit.

Quote from @Grace Tapfuma: As I continue to study real estate!

Hi,Is there any BP provided calculator which can provide a report as to how a existing rental property which was purchased say few years ago has performed in terms of ROI, Cash flow etc till date and whether its worthwhile to continue to keep in future.  

Also, interested in returns people are seeing and whether it is smarter to go LTR.

And they all fall under the category of "bring your A game."

Keep wasting your time then and looking at MLS deals ;) You can make more money and actually get deals going direct to the seller instead of this.

If I say no I'm not occupying, could that cause issues with this lender such as 'denying the transfer' or something and if so, would I just go back to my old servicer?

The answer is go for it!

There's no right or wrong way to do this, but long distance deals with contractors can go badly in many ways, probably more horror stories than success stories. 

Prices in Detroit are likely to keep going up.