@Grant Rothenburger has details if you need any other info 

If you don't have one already, get an accountant who knows REI well and go over the details with them.

I agree there are write offs such as depreciation and expenses, but I'm just wondering if anyone figures that expense into their cash flow expectations from a rental property, and if so how they estimate the amount to deduct from the profit.

Yeah let me know details when your ready!

More than anything, I'm looking for someone who might be willing to spend a little bit of time talking with me about my specific project in detail. 

Once you've gone through quite a few, you should have a realistic estimate of how many rentals you'll need to get that 8000 each month.

If I come across any opportunities to network or work alongside an investor, we could meet up and discuss in detail.  

A few stats on the home which we plan to flip.Purchased for $75k cashRehab estimate is $50kARV is $180 - $200Rehab time is estimated at 60 days (my business partner, whom I formed a company with, owns his own construction company and has his own crew so the cost will only be time and material with no markup)Since the sheetrock is removed I will seek a mold remediation certificate for the buyerAnyways there are many more details than I listed above but that's the short version!!

I’m only going based on the home value estimator on realtor.

First start with an estimated profit of $400K.