This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.

In a text book case you'd buy a property for half of its ARV (after repair value) and then spend 25% of ARV on rehab and generate 25% equity.

I must be doing something right because I never attempt to generate leads, and I've been 100% successful so far! 

Even if they fail they can redirect some of their syndication course  revenues, right? 

Is a Pricelabs comp-set called the revenue estimator on their website?

There will also be many homeowners who have had the properties in the family through generations and own free and clear but now still need to obtain a construction loan to rebuild. 

Can you build and sell 350 in 3 years and then give me lifetime revenue stream on I guess lot rents for the rest of my life or do you exit year five? 

Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)

There is a company names Hemlane that offers that "light PM" service that may be interesting for you instead of a full blow PM company that may cost 7-10% of revenues.

I’m exploring the idea of turning it into a furnished long-term rental to hold onto it, generate income, and possibly return to STR when things settle down.However, I’m new to the furnished LTR space and would love advice!