I saw the potential for a big profit margin based on the current market conditions, and what the house was currently listed for.

No one on this forum will be able to answer his question unless he wants to provide his income tax information.Capital gains at the federal level is either 0%, 15% or 20%.He may have capital gain carryoversIt may potentially be considered a business and subject to ordinary income which would be at his marginal tax rates.No one knows where the flip is done or in what state which impacts his state income exposure.

Exited the deal with everything we put in and the margin.

With the cash flow play you need to buy low, negotiate hard on price, expect no appreciation and get a very healthy cash flow, nothing marginal,  And expect when you sell to make little to no appreciation, then any gains are icing on the cake.

Partner Driven was drawn to the Dolphin Road deal in Titusville, FL, due to its quick turnaround potential and attractive profit margin.

To me the numbers make sense and there is margin for error, I don't see why I wouldn't go for it.

Most who possess both attributes recognize its more profitable to simply build for themselves which leaves very few qualified builders for 4 unit ground up projects and those who are truly qualified have to be incentivized monetarily to take on such a build which cuts into your margins.

In tenant LL terms, making it harder to evict marginal tenants result in rent increases.  

Partner Driven was attracted to the Persimmon Lane deal in Shepherdstown, WV, due to its quick turnaround potential and strong profit margin.

They project that they are being belittled, marginalized, etc.