I would have appreciated someone pointing out how to more accurately project cash flow. 

2) You have one rental now, what's your goal of buying more?

Use AirDNA to get a better feel for what may be projected and then dive into Airbnb and compare to your competitors. 

Part of the investment thesis was getting it for a bargain, then building an ADU complex on it as affordably as possible, getting it to cash flow, and realizing value on both the rental income but also property appreciation given the work going into it.If the property will really only be worth ~$1.70M once we are finished, I will likely just stop the project now and exit the house as soon as possible.If you do not get dollar for dollar for projects such as this, how would house flipping ever work?

Here are a few tips to help you get started:Financing: Since you’ll be starting your internship soon, lenders may look at your projected income or require a co-signer until you have a longer work history.

My long-term goal to continue aquiring properties.

For me and my goals, I focus on long-term investing in residential single-family homes in Florida and Georgia.

This could reduce your help lower your taxable income if the investment aligns with your lifestyle goals.

I should also note that the project would be ground up and the FHA loan would be a one-close construction to a permanent mortgage 

Is this something that is the best way to bring me closer to my goal?