First live in flip?!

[Hayden Travis]

Hello my name is Hayden Travis and I am a young investor living in Amarillo, TX. I am currently in the process of finding a possible live in flip funded by a FHA streamline type loan. Most houses, on the MLS of that type, are valued so high that purchasing at such wouldn't lead into a profitable deal.

Is it more reasonable to find profit in the negotiation of the deals on the MLS? Or would it suit me better by taking a more creative approach by finding other deals off the market?