As someone who lost over $100k in new construction (you can listen to my podcast on BP if you want to hear more about it, in my signature below), and about the same as you if you factor lost appreciation, losing that kind of money is a very tough lesson.

Even if one is "comfortable" paying the capital gains tax, it may be smarter to defer the gain since the cash that otherwise would be paid in taxes (and gone forever) can instead be invested.  

Heating cost and surprise repairs not factored into that $2900. 

Market prices are influenced by other factors too.

Which is 5k gross a month (don’t factor taxes in your DTI).

Tisha, lack of deal experience is a factor, but not a deal killer for us hard money lenders (everyone is different). 

I also know that my area of living is very much different from yours and other factors too but still I'm seeking for a helpful information from you star investors.

Another factor to consider, the slowdown for July can also be due to people getting in their vacations before school starts and people being hesitant to list their homes with school starting.

I have factored In the big ticket items and I’ll work out the rest.

And there is nothing wrong with hard money as long as you underwrite well and the numbers work factoring in that extra cost.