I’m leaning more towards an apartment locator, mainly because of the current housing market in Austin, there are not many properties available.

Hello,I'm an investor based in Seattle seeking opportunities in markets that offer positive cash flow.

The location, school district, and lack of availible single fammily homes on the market.

His knowledge and ability to analyze the market is extremely impressive.

Some considerations are the type of loan (Conventional, DSCR, etc), the type of property, the market the property is in, the location, your income and employment, the timeframe on the cashout - the list goes on.Generally speaking, you *should* be able to cashout refi up to 75-80% LTV of the appraised value after rehab, usually following a seasoning period.

I'm trying to decide between building an Accessory Dwelling Unit (ADU) on my existing property (secured permit) and investing in a rental property in a cheaper market.

Additionally, having a real estate agent who understands the local market can be invaluable for pricing and tenant placement.

I'd say this in any market, but we're talking about Detroit here. 

They have a HELOC of ~$60kNumbers:Comps suggest ~$199.5/sqft (max 2,020 sqft)Estimated ARV: $335k (based on comps)Potential rent: $1,975-$2,000/monthQuestion: Do these numbers seem reasonable for the Braselton market?

Cleveland is a great rental market, with a low cost of entry and strong rents.