Look at the neighborhood trends, amenities, and future development plans.

Hi Isaac,Personally, I wouldn't recommend this.You should focus on growing your portfolio as in "finding the next deal, getting access to cheap capital, finding partners, strategy planning, tax minimization, etc..."

We shall all see each other very soon in the financial freedom world.

Even if they charge you a few hundred or $1-$2K for a initial financial plan. 4) On a $5.5M portfolio, something like this would be very appealing to me personally, as a thought starter: - $1.25M home, car, and "toys", paid off- 250K in cash- $2M in stocks- $2M in paid off or lightly levered real estateThis is just me, and I'd personally view the name of the game as wealth preservation and maximizing enjoyment of life with this level of wealth, all liquid, all at once.

Full disclosure, I still use construction loans, but only on multi million dollar deals.From my experience the BRRR strategy is used by inexperienced investors with limited Capital that believe it is their path to financial freedom.   

Working on the rest.We rank them by Class A, B, C & D.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, we recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Which in turn could give you insight into their financial position.

Additionally, I'm planning to commence my real estate investment journey by house hacking and eventually scale up to large multifamily assets. 

Yeah the market and interest the best but I’m planning long term so not too much of a concern for me as long as the deal still works. 

a plan to refinance our current mortgage as well as get a HELOC.