Texas Tax Deed Buying/Selling

[Sundai S.]

When buying and then selling tax deed properties in Texas, is it possible to "wholesale" the property shortly after purchase, if you find a buyer willing to purchase (at deep discount, all cash deal) and handle the suit to quite title or redemption period.

For example, buying the property at %20 market value and selling to whole seller at %60 market value, to ensure quick sale and the new buyer's risk/reward ratio is high.

If so, is this a sustainable business model?