Determining whether to do a cost segregation study or not has a lot variables.

As you choose your investment plan, take into account variables such as risk tolerance, market demand, cash flow, and potential for appreciation.

change one variable at a time treating this as a single property. 

Market conditions, economic factors, and other variables can impact investment performance.

Another variable.

Typical deals like that had short-term, variable rate 3-year bridge loans.  

It is certainly a possibility, but I wouldn't say it probably will happen.This depends on so many variables that are mostly controllable based on proper market research such as a quality property in a great location with great amenities.

There are too many variables.

@Zachary Jarvis, the real key to success, and the major variable and risk in any flip is the construction side, like Bruce noted.  

There's too many variables.