Competition is high also so I wouldn’t touch it if I was out of state.

Keep an eye on your competition and see what rents quickly and what doesn't.

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

Baylor Bubble has a lot of competitive buyers that generally pay cash.

Most very talented CPAs can/will advise you on tax strategy for a fraction of the cost.. 

If there is a down turn and vacancies increase you will still be able to get yours rented out as yours will look nicer than the competition.

It is a more competitive market than Findlay

I've priced the rental at $4100 per month, which I believe to be competitive for the area. 

Sale Price vs List Price shows a stable pricing market indicating no major swings in pricing competition.

A high number of available rentals in an area can indicate oversaturation, which might lead to increased competition among landlords and potentially lower rental prices.