This means that if not another house was put up for sale, in 6 months, the market center would run out of houses to sell.In August of 2024, Greenville had 3.8 months of supply.

I got skiddish and did not close.. same houses a year later are going to sale at the courthouse steps for 30 to 60k..

But in my mind that's your best case scenario, take your profit at the beginning, maybe buy a couple of the houses at a discount on the back end as rentals if it works out, but for sure I wouldn't want my profits for improving raw land tied to the final sale of the home unless I was incentivized to do so.  

- What portion of the total budget should be allocated for marketing and insurance?

Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.

Zillow and online county property records for sale prices.   

Is he looking for a new job or do you plan on using the property sales to supplement your income for the near term?

They should not have been this off and you should always use the worst-case scenario as your target number when you are doing a flip or BRRRR.If I were you and a sale wouldn't net enough, I would do mid-term rental there instead of long-term rental so you can earn more, but still not have a ton of tenancies.

Rochester, NY is a very hot market, there are very few homes for sale.  

To do with other ppls money, you need that personal relationship with the money source and then they have to trust you in terms of market research, boots on ground, analyzation, contracting, and exit sale.