When to rent vs. when to fix and flip?

[Mohammad Haidarasl]

Hey guys. As I've stated in my last post, I'm in the process of looking for a local single family home to either rent or fix and flip and will be looking to use a private FHA loan, hopefully. With that said, I know BP has some calculators online that I'm still familiarizing myself with. Is there anything to look for when deciding whether or not a property is better to fix and flip vs when it's better to just rent? The reason why I'm asking is because Brandon's story of losing 10k and 2 years worth of effort at his first attempt to invest scared and enlightened me simultaneously. So, what do you say?