Buy & Hold Criteria vs. Wholesale Flip - Question

[Scott Shafer]

A little background: I am currently working with a seller directly and negotiating. My market (San Diego) is extremely hot and the seller knows he can get what he is asking for his property but had it on the market for a while, fell out of escrow and his contract with realtor expired.

I think the margins will be so slim that it probably won't fly for a wholesale flip BUT how do I know what will work for a buy and hold investor?

Can someone help me to think through this?

Thank you!