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.

.- Pre-approved to $450,000 (knowing I am eligible for more)-Saving $3000/month-60K in reserves and for BRRRR’nWhat I’m looking for: evaluation of my plan to get started, advice on particular neighborhoods to look at in my desired zone, people to network with and develop a relationship with.If you’re ready to get connected, please let me know.

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?

Purchase price: $176,000 Cash invested: $80,000 Off-Market Deal in Southern Orchards that was found through cold-calling.

There is no secret sauce to getting/finding properties other than what is already told out there in the real estate market - 50% bootstrapping 50% luck - same as finding a great wholesale deal.

Hard money loans are a great option for off-market properties, but that is a whole other world that I may not suggest for someone just starting off unless you have some rock solid mentorship.