@Nik Farooqui You are correct in that GC licensing is never a requirement but it is more of a "silent factor" that can make a lender more comfortable lending hard money and thus the approval and loan process easier.

So saying people can’t do the rehab or don’t have the money is not entirely correct.

@Kim A. would say that a great thing any flipper can do is develop their own off-market seller marketing techniques.

Correct, however 1% is NOT going to provide you with a good return.

You are correct.. don't educate when you lack ETHOS (trust/credibility). 

Is your $2k per month on $600k equity correct?  

Aha yeah I dont really trust flippers to do the repairs correctly - Even with my own flip I was tempted to cheap out on it but you always pay for it in the end!

@Sarah Brown That is not correct.

Is any of the above, correct?

I'm assuming you're referring to residential (SF and MF) properties that are vacant, is that correct?