Wishing you all the best on your journey.

My first property had to be on certain blocks, 20x100 lot (wouldn't even consider an 18x100 lot).

on that hypothetical 100K house - going to 120 or 150 or 180 generally doesn't cut it. 

The issue should have come up on the renewal but the caseworker may have been not paying attention. 

Your spread looks decent on paper $150K purchase with a $200K sale but with only $5K in rehab, I’d be asking what exactly needs to be done and if that’s truly enough to maximize value.

You can negotiate on the sale price to factor in this cost as well. 

Market crash is the problem for the house flippers if they pay too much price.If you are making good cash flow, market price doesn't have any effect on you unless you will need to sell the house.

Since 2022, rents tracked through the MLS system for the Charlotte Metro area have steadily dropped.90 Days of InventoryWe currently have 90 days of inventory on the market, a trend that’s persisted for five consecutive months.

But back before rates were reduced below the 100 year average, how many "Days on Market" could an average property expect to be on the MLS before getting a bona fide offer?

I second what @Todd Rasmussen said about running deals on paper though.