Basically, if I purchased the home as a flip property, I will not be subject to the O/O contingency?

Maybe use contingencies.  

It is reasonable to have an inspection or financing contingency.

(Include in the contract inspection contingency and seller disclosure addendum to protect yourself.)3).

I would recommend adding 20% onto the estimate as contingency for construction, carrying costs for delays etcAlso check how long Homes are on the market and be sure to account for the costs associated with selling a property 

Those types of contracts are full of contingencies.

My main concerns are that I want to make the contract assignable, have a finance contingency, an inspection contingency, and partner approval contingency.

Do you have a financing contingency?

We're contemplating making an offer, contingent on the inspection of course, but to make sure that the inspector notes the cracked pipe on the inspection report so that we can still address the issue.I know this isn't really the hardest issue to overcome, but I want to know what you experts have to say about it. 

As soon as things thawed out all the properties went contingent.