Yes, I am assuming best case scenario, I know.If you found a flip for $50,000, put $20,000 in and sold for $90,000, now you have $20,000 in say 6 months... along with $1200 from savings... so if you go the route of the tortoise, you have $1200 at 6 months... if you go the route of the hare, you have $21,200.... 

I have read the book "The Tortoise And The Hare" probably 20 times...

Got one other question....I'm buying a house with composition shingles and I'm planning on adding a portico entry to make it look like a Spanish mediterranean so I'll be re-roofing the entire house.

Most taxing jurisdictions do not have a separate classification for Patio Homes.The term was first seen in print in the mid-1970s.[4] In a more generic sense it may refer to a home with a prominent patio, such as some traditional Mediterranean-style homes.[5]There is often confusion about what a patio home or cluster home is, and how it differs from a townhome.A townhome generally consists of three or more units with shared walls in a single building, and the townhome lot is limited to the ground on which the unit stands and perhaps a small rear patio area, with no additional private land.

For the screen door issue, we decided to bring pics (samples) of secure/sturdy screen doors to the next meeting and perhaps settle on 2 or 3 possible options so that we keep up the continuity, they didn't like my black security screen door option (since the home are Mediterranean style, I thought it'd would look nice, but I'm willing to see what the group offers, so we're attempting to come up with compromises thus far.

I'm a little bias because I run a software company (Tortoise and Hare Software) but just make sure you hire a professional. 

You have to be the tortoise not the hare.

When you find one, it will be better for you than winning the lottery.Saw this in a head-hunter's office on a past job search: "Consider the tortoise who makes no progress until he sticks his neck out."

Awe this discussion reminds me of the fable of "The Tortoise and the Hare". 

Flipping versus rentals is sort of the same story as the tortoise versus the Hare... where the tortoise wins in the end by being slow and steady.