This is primarily addressed to the newbie. I welcome further input from other experienced professionals.
It can be a great way to turn a quick profit- you buy a house at below-market value, you put some work into bringing it up to market value, you sell it, you put cash in your pocket. Simple, right?
Yes. Deceptively so.
Rehabbing and flipping SFR's can be very profitable, indeed. It can also be fraught with danger. So, here's a nickel's worth of free advice…
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