It helps determine if the project will meet the desired profit margins.CoC (Cash on Cash Return): I find this particularly important for fix-and-flip projects, as it measures the actual cash return on the cash you’ve invested, giving a clear picture of short-term profitability.Cap Rate (Capitalization Rate): While more commonly used for rental properties, it’s useful in understanding the potential income from a property relative to its price.IRR (Internal Rate of Return): This is a great metric for longer-term projects or those with varying cash flows, as it takes into account the time value of money.Some investors might overlook metrics like AAR (Average Annual Return) or EM (Equity Multiple) if they’re not as relevant to their specific strategy.

I would have added Owasso to your list, and Jenks is a desirable location, if you can find a property to contract on. 

Maybe you and your wife should sit down and brainstorm your goals and desired outcomes and then set about making an actionable plan to move towards achieving this.

There is a lot of competition in Greenville, but a very desirable market.  

Then you can act as GC on each project when desired.

Could excessive weight be 1 issue? 

See the 2020 aerial view below.Very little undeveloped private land is left in the Las Vegas Valley, and desirable areas cost more than $1 million per acre.

@James Kalu,I'd love to learn more about your desire to move into property management.

Desirable houses that I have seen are starting at 650k, but I was wondering if there are other sources to look instead of online postings. 

I’ve worked with some investors who have no desire to self manage and the cost to have a property manager is well worth it, while others make time to manage everything and enjoy it.