Purchase price: $160,000 Cash invested: $30,000 Took this home from bad to glam in 1.5 months for a healthy profit.

Even open houses on occupied rentals are a bad idea.If you want the highest sales price possible, you will have to list it on the MLS. 

I didn't think it is necessarily a bad thing, just is more of a sales strategy than anything else.why do you think that the concept of investing in real estate with 0 money is an "idea" instead of a real thing. 

$2300 down is a (bad) joke.

You should see some of the houses I've rehabbed or walked. ya thats maybe a 5 on a scale of 6.. the really bad ones you need a resperator to go into them.. and people worry about a little dab of mold these folks live in a petri dish.

Reason #1:  If you're not careful even a bad lawyer can get it turned into a purchase, with all of the rent credited to the purchase. 

This is bad from an inflation standpoint.

If it's a bad location, then I wouldn't do it. 

The initial video that I took of the home had 510k views on Tiktok because of how much stuff was left and how bad of shape the home was in.

Agents like the one who sold you this property give us all a bad reputation.