I think it depends on your situation and of course the numbers. At $160,000 mortgage at 8% at 30 years you are at $1174 add in taxes, insurance, maintenance, capex, pm it will probably cash flow 300-400. I had to assume cost. Flipping it at the same number and being conservative and adding closing cost of 8%, puts you around 12,000. Profit is $38,000. That's pretty good. If your going to BRRRR or flip it your rehab numbers are going to be different, which will effect your numbers. I have not included holding cost of any kind. Either way works. If you need cash flip it, if your in for the long haul and your cash flow is 400-500 I would hold it. The revenue from holding will almost exceed flipping the only difference is if you need the money now.