If you are familiar with a market you have an idea where a neighborhood and a set of property characteristics fall within quartiles of that market.

As Erin Spradlin said, it's a bit of an art and a science.

You're speaking my language ; ) We've been buying and renovating properties that have ADU potential for quite a few years now and about a year and a half ago converted one of those ADUs to an MTR and it is working out great.

They want to buy the property in outright in cash and as of right now have no intentions to cash out refinance after stabilizing.

I've had a lot of the same questions and I came to the realization that I needed to have enough funds for the down payment, closing costs, and a reserve amount that I''m comfortable with.

@Brick Biermann, Your actually still in the window to take advantage of both a primary residence sale and a 1031 exchange. 

Meaning 10k turns into 800k by retirement - that is truly powerful stuff.Once you have a good portion in the markets and a healthy savings account then dip your toes into RE!

We used to do back to back closing with no money required but due to title company policies, lender disclosure requirements, and a variety of Federal and State laws this may no longer be practical.  

Maybe folks are not ready to buy, but it kind of whets their appetite to see what's out there in terms of the most unique properties and as a result, what may be some good markets to buy when they are ready. 

personal savings and a home loan What was the outcome?