Quote from @Tim Halbert: I've been using Obie for several rehab projects in TN. 

Hi BiggerPockets Community,I’m Josh, 26 years old, current project manager and aspiring asset manager diving into a new venture that I’m excited to share.

Only if it looks well off from otherwise projections would I worry something like hotel listings might be throwing it off

Neighborhood revitalization projects, major corporate investments, and an influx of small businesses were all happening at a pace that made it clear the city is on an upward trajectory.From an investor’s perspective, Detroit offers a unique combination of affordability and opportunity.

A realtor who understands the numbers can help analyze the property’s projected cash flow and ROI, plus they might know local leads from probate attorneys or even “drive for dollars” efforts that can reveal off market gems.

More than likely the PM wasn't aware of the costs as most PM's don't understand project management.

Faster TurnaroundsSmaller projects often take a backseat for licensed contractors, causing delays.

Quote from @Scott Scoville: Just finished one of our bigger projects.

I know of some folks in KC and Memphis doing new builds like this, but they are doing it within a much larger and long-term project that includes upwards of 300-500 units built over the course of 5-10 years.Assuming you're looking in Columbia, do you have a "B+/C" neighborhood in mind?

I think good flippers talk about something like 80-20 -- they do well on 80% of their projects.