Do you factor in the neighborhood's liquidity or turn over rate before buying a property to flip?

Just something to factor in.

This property makes sense on initial calculations but would like some input and advice on what else I should factor into calculations.

Any issue with them should be factored into your initial offer.

Have you received late rent due to this factor?

I know, I know... there are MULTIPLE other factors that make each purchase unique, but narrow it down for me on the numbers side... is it Cash On Cash ROI?

Using the average rental income of $1000/month;-Mortgage: $171.88/month-HOA dues are $238/month-Property taxes $126/month-Insurance: $100/month-Maintenance (15% estimate): $150/monthThese expenses amount to $785.88 and before factoring closing costs, light rehab, vacancy/contingency.On face value I thought this would have been a great deal- $55k units and $1k rental income per month. 

Also factor equity paid by tenants and the tax benefits you will receive.

So many dependent factors.

The lower the price point, the increased risk factors.