Then you need to factor in the cost to finance if you are doing so (ie. underwriting fees, closing fee, etc.), holding costs (utilities, property tax, etc.).

In my experience flippers make the quality of a city improve, but like @Greg H. said, there is the "you aren't from around here" factor at play.

If you purchased a property, significantly rehabbed the property and immediately sold it thereafter with the intent of flipping it, it will be subject to self-employment taxes.Regarding the taxes you will be subject toFederal TaxesState taxesDepending if it was a flip or not, also self-employment taxes.Speak with your accountant on the actual taxes that will be due as he/she will know what your marginal tax rates are.You can also factor in improvements / selling costs to decrease your gain / taxes.

Bigger Pockets family, is there a way to upload recent MLS Data to be integrated with the BP calculators? 

Nor does my own integrity necessarily mean that others will recognize it and want be good towards or fair towards me.Hard, but I suppose, important pills to swallow, and for that, I will continue to read it and learn.  

I did more research and thinking after I posted and I determined that I am likely eligible for the primary residence exemption on taxes which negates the capital gains factor.

You can even split that into multiple properties if the cashflow numbers make sense.On the smaller factors side - $300 HOA IMO is down the drain which is one of the reasons I like to avoid Condos.

It is supposed to be integrated June 2021 but I am sure there will be some extensions by some cities.

Walking distance isn’t really a factor since most people have cars.

There are loans with the deposits of one bank account for 12 months divided by a factor depending on lender and your other income type.