I would also recommend that they have sufficient 'skin in the game' IE additional down payment above and beyond just having lived there a while. 

I did a quick Zillow and there's plenty in that price range in the general area so you may be able to find one right in those sweet spots with some digging.

There are properties in the direct area where the ADU sqft was simply added to the total sqft and was sold with a similar price per sqft to other properties in the area (ranging in the $700-800 ppsf).

I know the range of markets in the title is quite wide but like I said I am early on in the process and wanted to pick markets where I spend time during the offseason (I spend most of the offseason in New Jersey but spend time visitng parents and grandparents in south carolina and florida).  

Many investors get scammed by agents & turnkey providers selling them Class C properties as Class B.The Metro Detroit area offers a wide range of investing options - as long as you deal with the right people:)PM us for more info.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

Like everyone is saying, the best way to get started is to build a solid team of proven experts who can help cut your learning curve dramatically, as well as let you know the best areas to invest in, as well giving you recommendations to great contractors and management in the area.Here's a resource that really helps me stay knowledegable about a wide range of topics! 

I received about three different approaches ranging from connecting to the current drain which is 12 feet deep to raising the connection 5 feet below ground.I received a quote that was about $39k and decided to go with that.

I already gathered sufficient capital looking to build up a network of realtors/brokers/handyman. 

So I have a lot of experience with a wide range of stuff.