They don't really care so much about facts, reality, what's good or bad, they just want a giant damn snickers to cram in there pie-hole, and to feel guilt free when there doing it.Now before ya-shake your fist in the air over the collective stupidity/insanity of it all keep in mind, these are the same kids that we all decided to raise where nobody got 1st, 2nd or 3rd place anymore, no-no-no, we said that would hurt feelings so we decided regardless of actions EVERYONE got a medal, the exact same medal. 

You'll get all kinds of advice from novices here- good and bad.

The provided a really nice place to live for significantly cheaper than renting a run down rental in a bad area.

The "good guy" with a gun looks the exact same as the "bad guy" with a gun.

. $300 a month cash flow is not a bad target but when you are dealing with properties of that caliber, one bad tenant or big repair can wipe out years of cash flow. 

If that's $25,000 a year, then two years of vacancy is about the same as a really, really bad renter.

to me I view an inspection contingency as you do it and if something is wrong you present it to the seller and say "hey fix this, reduce the price OR if it was major and really bad just walk away".If no inspection was done, then its unethical but reality is its not worth a seller to sue over it.

A good deal to you could be a bad deal for someone else, and visa versa.

You can do everything right on a flip and just have the timing be bad or just have it sit for no good reason.

If the tenant is bad they will lie to get them out.