That is sort of the social studies class answer.

Programs that market themselves as shortcuts often cannot replace the depth of understanding that comes from study, experience, and engagement with the legal framework surrounding real estate.Consider taking time to familiarize yourself with local laws and regulations.

I have studied the system and revisiting for more understanding while implementing it.

Perhaps find a deal someone else did and do a case study making reasonable assumptions.

They are rarely reported accurately by realtors on the MLS when transactions close to begin with and I don't believe anything other than the contract sale prices are utilized although an official study on this would be very interesting albeit a painstaking process to undertake. 

She was studying to get her CA Broker’s License which would fully legitimize us, and allow us to manage funds on behalf of the homeowner’s and have ownership of the listings and reservations.

We recently completed a study on MTRs, which revealed that MTRs are likely to generate more than $1/SF above long-term rentals.

He studies markets and publishes regular updates on which markets are the best for your goals.Use the search bar.

I'm working full-time, but also studying full-time.

I would simply hire a good civil that has done development in that jurisdiction and pay for a feasibility study and let them run through all the check items.. but thats really just the start.. also for context .. these projects require 350 to 750k in CASH up front to get to approved plat status ..