My ideal thought was to use a product from Fannie Mae or Freddie Mac to finance rehab but seem to be a $1M minimum. 

I would go line by line through each property to make sure they made the adjustments property (like condition, the garage you mentioned, etc).It's my understanding that the appraisers can only count legal sq footage, bedrooms, baths, etc.

Property that qualifies for 1031 is property you purchased with the intent of holding for productive use in investment. 

I was impressed with her product and her personally.

I feel now is the time to start investing in real estate.My goals are more along the buy and hold lines than flips.

On forums that only track posts and not votes/karma/rep/ whatever they call it I see more of the mega-posters with 30-40,000 posts and folks tend to fall right in line with what that individual says, sometimes suppressing debate. 

The reusability of the credit line just makes it that much more of a player in long term plans.As for pricing I would say you should do that based on your risk tolerances.

If its on the property it has to be certain distances away from the lot lines. 

Bottom line up front: Is it good to get prequalified before I start even talking to an agent and looking at properties? 

Since you're doing a BRRR, a viable strategy is to put all of the rehab costs on these new credit lines.