Alternatives are college courses, textbooks, and engagement through web searches.  

If meaningful appreciation is on the horizon, its a different story.If you were to go the financing route, blanket loan may be your best bet through small local bank or alternative lender.

I'm California-based where there aren't any real deals in my area, so I'm exploring Detroit as an alternative real estate investment market - due to the combination of it being a strong market and my having connections in the area. 

Since they focus specifically on flips, they understand how to position the property to attract the right buyers quickly.If you're open to it, shoot me a text to go over your options and get the property listed right away.

Is there a alternate way to structure it, please suggest.

Cost of Construction: Since your dad has construction experience and labor connections, the cost of building an ADU would likely be lower than market rates, making it an attractive investment.

The photos must show a bright, attractive, friendly property.

Alternatively, DSCR loans offer long-term financing with lower rates, but they come with more complex requirements.

   #3 if the pricing is such that investors are attracted and HOA does allow investors, they can potentially change the rules. 

Yes, you’ll have good transit access along 82nd but I believe you aren’t as likely to attract the car-less owner there as you would closer in. 82nd is changing, but I don’t think it’s happening fast enough to justify leave out permanent parking if you’re reselling individually.