They start off saying that you will be in the program until you make $1,000,000 profit!

I have sec 8 tenants and agree with a lot of what you say but bottom line sec 8 is awesome if your property is in a bad area where its hard to find tenants that pay otherwise, if its in a good are it is MUCH more profitible and less risk/headache to have market rate tenants.

It is risk free profit every month. 

A challenge we’re all facing is balancing profitability with the higher cost of borrowing.What type of loan programs are you offering right now, and how flexible are you with structuring deals that involve short-term flips or long-term buy-and-hold strategies?

Management experience can be especially valuable; I've had lenders that were particularly eager to finance my deals because of my extensive property management experience and ownership of a property management firm, since I can demonstrate competent real estate management skills and understand how to maximize profits on an asset, large or small. 

It would be ideal to start here for a hands on approach, but honestly, if the deal is good, I'd take it in any profitable market.

Flipping during a bear market or high-inflation period can present some unique challenges, but it’s still possible to profit if you approach it carefully.

Yes In Gods BackYard (YIGBY) is an incentive program many states offer that allows churches and other religious non-profits to develop low-income housing on their land with speed and cost incentives.

I will say it is equivalent to a profit and loss report, so I would think it would be sufficient for that purpose along with some other reports I'm sure they will need.

Try to see the big picture when getting started - maybe seeking private / hard money to get in to the deals where there is more profit potential could benefit you.