The deal seems to pencil, but the bigger picture stuff makes me nervous. 

You can also do a double close if the agent or the seller is against wholesaling.Double close is a process where you first close as a buyer and turn around and close as a seller, typically within 24 hours.I am in metro detroit too.

If I understand correctly, you're suggesting that we should focus on the big picture rather than getting caught up in minor details?.

We are in pre-development, and getting a clear picture of these initial soft costs has not been straightforward so I greatly appreciate the information.

They have sent me a letter in the mail asking to buy my lot for almost double what the local values are so I'm not sure if this is a scam or just to good to be true.

One guy I worked with...an old friend, actually...was petrified of taking on more debt until he snagged a short-term rental in Austin that practically doubled his monthly cash flow after a few months.Now, let’s not sugarcoat it.

My questions 2 and 3 are misleading while taking into context the bigger picture which you clarified.I do not know how to track record of a syndicate.

However, I do agree that there is a problematic trend of guru's falling in love with "creative" without understanding the big picture.

Have doubled and what the bank is offering you is up 4-5x.

wow beautiful property (great pictures!)