A few newbie rehab questions.

[Aaron Herman]

I started in the rental business by neccesity about 5 years ago because we couldn't sell my Wife's house once we got married and decided to rent it out. We recently purchased our 3rd rental and our trying to learn and grow as we go. I would like to do our first flip but need a little guidance. Are most rehabbers marketing, setting up websites, calling on leads, etc. or can you still make decent profits buying the right properties on the mls and rehabbing them? If you can make it using mls listings how do you appraise if you're only doing cosmetic improvements?
My second question is funding. When you did your first flip did you use hard money, private lenders, cash, conventional?

Thanks in advance.