Online Auction Housing

[Ryan P]

Has anyone out there had any success with bidding on a home on a site like ebay and flipping it quickly for a profit? I see many homes that sell for the 3K - 10K range and think there would be an opportunity to flip for a small profit. I realize some of these homes are in distressed areas where property values are low, but for the right price, I think you could still make some money. The idea would be to hook up with a local flipper, rehabber, etc who would check out each property for a small fee to have a set of live eyes look at each home to be assured it's not a lemon. Any thoughts on this would be helpful. Thanks!