Are you doing fix n flips, real estate development projects, or both?

I have a finance background and love analysis (I do financial analysis for a living) and I've had similar thoughts as you.

There are two very large housing projects on Michigan that are issues.

@Shreyas Kalaria its extremely difficult to purchase property in another area unless you can manage the project yourself.

@Sam ShuehI usually don't address statements I dont agree with and just let them go but Sam I need to say as a fellow Real Estate Agent from SOCAL that your Short Term analysis is way off. 

When I agreed on the project, i thought it would be a good selling point but then I changed it to a rental a month into the project.

They have daily free seminars that discuss, financial analysis, deal structure, how to find deals, wholesale, house hacking, BRRR, etc.If you want to discuss the income property  market, I am available to help.

Your Cash Flow analysis is lacking numerous key expense categories (Vacancy, CapEx, Maintenance, Property Management, etc.) 

Your overall Cash Flow analysis is a little too optimistic for me.  38% is not very conservative to start with.  6.  

After spending 15k and 1 month full time getting their projects ready to sell, I was fired (?!)