Quote from @Jaycee Greene: How are you going to figure out how much work a property needs from out of state? 

If your goal is growth, a refi now might make most sense, but only you can make that decision.I'll also second what @Jaycee Greene mentioned that most lenders won't go to 80% LTV on a cash out refinance. 

I agree get the permit but …@Bruce Woodruff & @Jonathan Greene likely are unaware the state legislation keeps passing laws to protect safe, unpermitted units.  

Quote from @Jaycee Greene: Hey @John Tomassacci!

Quote from @Jonathan Greene: I believe in SLC, they are still requiring the owner to live in the main house (meaning you don't have to be there, but you can't rent it) for you to use the ADU for anything else.

But on a serious note, I do think wholesaling is my cup of tea and something I will definitely be giving a go.

so comparing miami to ohio or kansas or iowa is very wrong in my own opinion, because you are comparing diet coke with unsweetened tea, once the economy created its own pattern of success , comparing it to other town would not be accurate becoz the methodology of understanding the phenomenon has not been researched yet.like california is now the strongest market in usa although price wise it is the second highest and huge pop declines.

For example, I've had clients walk into homes with vibrant orange kitchens or neon green bathrooms and instantly feel overwhelmed.

Here are a few Walmart deals that I found that could be useful$15 - Chefman Rapid Boil 1.2L Electric Tea Kettle - https://www.walmart.com/ip/Chefman-Rapid-Boil-Glass-Kettle-1...We have this kettle and it has been solid for 2 years now.

Sometimes it is just about timing and being patient.Lastly, echoing @Jonathan Greene - Don't jump at the first application PLEASE do your due diligence, call references, past landlords, etc.P.S.