Unless you have another exist strategy that is viable with those numbers.As for your question, the single major downside of flipping - in my opinion - is that the housing market might start plummeting during the holding (rehab) period.

Imagine me as Gandalf, clinging onto the stony edge of an abyss with fear in my eyes, "Fly, you fools," before I plummet into the depths of the earth.I'm aware of Pasco, Hernando, and Hillsborough counties having issues with sink holes; apparently these areas make up 2/3 of the amount of claims in FL.

@Kevin ZhangNo, I doubt we will see prices plummet.

But my hopes plummeted after knowing that the house is termite infestation (basement/crawl space, exterior railings, etc.) 

When COVID hit and international students couldn't come to the US and everyone else nationally was going remote, the rents plummeted from too much inventory.   

Rents have plummeted since the oil field took so many job casualties, so once everything returns to homeostasis I would reckon the gross potential rent would come back up as well.

Those right include telling the company to limit their risk...or else the share price will plummet. 

Below is the list, ranked in order of which years were chosen by the most historians: 1. 1862 – In what’s been called the darkest year of the American Civil War, 1862 culminated in the bloody Battle of Antietam. 2. 1929 – On Oct. 29, 1929, the Dow Jones Industrial Average plummeted 24.8 percent, marking the start of the Great Depression that stretched through much of the 1930s. 3. 1838 – Andrew Jackson’s Indian removal policy forced members of the Cherokee nation to surrender their lands and embark on a horrendous known as the “Trail of Tears.”4. 1919 – The U.S. was still reeling from the trauma of World War I when the Spanish Flu outbreak killed 675,000 Americans.

What could be better for them than for peoples credit ratings to plummet, their debt increase, and for the lenders to scoop up assets at discounted prices?

It is all a guess, and no one knows what the future will hold.  1 year ago, everyone thought the world was about to come to an end and property values would plummet, and yet here we are in one of the hottest real estate markets I have heard of.The reason financial professionals say to anticipate staying put for 10-15 yrs is historically, we will be back where we are today, even if the Great Depression hits tomorrow.