More likely, they will be late the next month, and the next and an unexpected event will make them short again soon, and the another.

This is an unexpected expense on top of a complete renovation plan for the winter.

Budget for Unexpected Costs:Always have a contingency fund for unexpected expenses.

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

For example if they did backsplash on the kitchen, make sure no tiles are cracked and there's no small little holes in the grout between the wall outlets.

Home Depot-Lowes-Sears outlet, etc?

As far as I know, DSCR HELOCs do not exist and most of the trust worthy outlets I’m also aware of put 2nd HELOANs (DSCR) on pause.

Include a contingency budget for unexpected issues.

As soon as we took possession, we painted the top unit and switched out light fixtures + outlet covers.

Cash-flow is a defensive strategy at best (I don't find it very reliable; unexpected CAPEX, vacancy, etc.).