Otherwise it is a short term cash flow play for long term asset depreciation and lots of turnover. 

I've been managing our rental finances using Baselane for the last year and looking to see what other options there are.

Your only as good as your last deal in the eyes of most investors.

Looks like I was on the right track...And according to that last paragraph, it appears that the only gain that is NOT excluded is the gain equal to the depreciation claimed while renting the house, which, in my case was ~2 years. 

In the last few months we were outbid on a few deals like a house for 290k with arv of 380k.

For example, flippers might prioritize CoC and ROI over long-term metrics like IRR.Ultimately, the key calculations you prioritize will depend on your investment strategy and goals.

They last forever.

In addition to this, my income could not be considered because of a personal bankruptcy filed within the last year.

However, how long is living with your parents too much of a burden/socially acceptable?

Are you looking for  PM for a long term rental?