Paint and Carpet flip Advise

[Jeff Moore]

Hello Bigger Pockets Family,

I am an experienced complete gut fix and flip investor (20+) in last 3 years.  This deal is different... It is basically paint, carpet, paint kitchen cabinets, new counter, flooring, and minimal bathroom repairs.  

PP                                  $171,000

Repairs                           $30,000

Closing and carry costs    $22,000

Total                               $223,000

Now this is way more than I am used to paying bc house is in such good shape compared to what I normally buy.  

My Issue:  I am worried about what the market may do in next few weeks/month.  This is a lot of money for me to purchase and rehab property and am worried market may crash and leave me with a big house and losing money to sell.  If market stays same should sell for $260,000 easily.  Cant close for 3 weeks and Should only take 3 weeks to fix and get on market

Does this sound worth the risk?  Is everyone still buying and figuring market will at least stay flat?? Renting will not be good secondary option for me