The draw back when starting out is there can be some cost savings with "bundling" everything together. 

In locations where you can join the MLS without joining the board, the pricr is usually increased, and not surprisingly the increase cost is roughly the cost of joining the board.

I know exactly how much it should cost to hire a contractor, for any type of work on a house.

The main goal is of course to omit my personal housing cost each month as I will be returning to college. 

you're still "investing" in it with the down payment, closing costs, setup... so that's capital that could be used for something else. 

All money spend after the sale of the property should be posted to Profit & Loss.And yes on the day of the sale you transfer the pruchase price, loan cost, settlement cost, imporvements to Profit & Loss. 

Since inflation was so severe for the last few years, they had essentially decided to raise interest rates aggressively in order to fight this high inflation even if it came at the cost of slowing the economy down.

It sounds like you already know how to market/find properties for your construction work - leverage that same skillset to find flips.You have an advantage over most beginning investors in that you know more accurately what the rehab costs will be for a certain project.

We will need to know the PP, and Rehab cost.

You'll also need to learn about marketing, property values, repair costs, property management, etc.