I wouldn't do it unless you got a good deal, remember the banks going to let you refi up to 80%,also the property has to be rented out for 6months prior. if I were you I would aim a little lower with price jus incase any unexpected repairs and cash reserves

On average I work about 10 days a month (24hr shifts) so I have a lot of free time on my hands and I’m aiming to fill much of that space with real estate investing.

The advantage to digital marketing is you can measure success quickly. 

And 36 Other Key Financial Measures (Frank Gallinelli)--Great book on calculations2. 

This leads you to overleveraging territory, so you ought to measure whether your dream factory job can support the maintenance of however many units you are looking to purchase on top of debt payments on both a HELOC and mortgage.

Question 2: When running the numbers on analyzing a property with a BRRRR investment, do you do so in regards to the sales price that's listed, or the aimed price you are looking to purchase the property for?

Most units are large with the majority measuring 10'x20.'

I am a student in university, fairly new to REI and busy learning about my local market where I plan to invest.I am in the process of saving for loan down payment since I aim to first acquire a rental or more ideally do a house-hack when I am able to qualify for a loan (I have not researched private lending yet - any tips would be welcomed for financing options).I have a semester break coming up in which I hope to go out and get a feel for the Cape Town market - open to anything.

Don’t forget to measure potential tax obligations as well if this was ever your primary residence.    

The only measure is whether you can sleep at night.