This includes relevant sales to estimate the appropriate cap rate.For example, one expense item that varies widely on small properties is management. 

Non-admitted market rates are not regulated and can vary greatly from carrier to carrier.

The rules vary tremendously by state. 

The right structure can vary depending on your specific situation, and using the wrong one can lead to unnecessary double taxation or reporting headaches.

Your MAO calculation is almost right but you're missing a few things.MAO = ARV  - Desired Profit - Rehab Costs -  Fixed Costs - Holding Costs - Wholesale Fee.Desired profit = the profit a flipper will want to make (N/A if going straight to retail buyers) Fixed costs = Closing costs, agent fees, etc (varies greatly if it's on or off market and can be negotiated with the seller). 

These vary from 1-4 family and small multi (21-unit being the largest) as well as 2 small commercial units tied with one of the 10-unit MFH properties.  

Sellers’ timelines seem to vary; some wait longer for better offers while others move quickly to close

I know the amount you make in each role drastically varies on how successful you are and how much you work so it's hard to say which is a more lucrative career.  

But price trends are going to vary by area.To have a quick conversation about what's happening in your local market, connect with a real estate agent.

If you're at a 6.99%, waiting a bit longer might make sense but more information on your credit score and loan to value (LTV) would be helpful as rates vary based on the borrower's profile and the LTV.More on DSCR loans and how the programs generally work.