First Deal! Should I flip or rent it?

[Aaron Lane]

I've been on BP for about 2 weeks now and have my first official offer in... the seller hasn't signed the contract yet so finger's crossed. So I ran the calculations for BRRRR and we'll cash flow about $200 a month (after refi). It was a cash purchase and then i'd like to refinance that money out into a new property. My business partner want's to just flip it. Here's the rub, Zillow predicts this neighborhood will increase in value by 17% next year. Have you ever heard of a number this high? Should I trust it and hold the property for a while or sell and make a quick profit?

Also, I created an LLC yesterday and am now about to embark on the REI journey!