Sellers had done a fair lipstick job on the main and part of the upper floors.The sellers installed a $50,000 solar array of 12.8 kw, which I also found out was way too much capacity in that location for the sole purpose of lowering the electric bill.

Many flippers do lipstick fixes, we don't so our numbers ARE WAY different than theirs.

If they're in bad shape and need painting, might as well spend the money for new windows instead of putting lipstick on a them. 

Clean it up, throw some lipstick on it, and sell it. 

I think that because this is an agent that works with my management company, he would have a vested interest in sending me good deals, but I want to make sure I'm not buying a lipsticked pig, or otherwise being scammed.

Ranches here sell immediately with very little lipstick!!!

Lipstick on a pig approach, just not a slum lord.  

Or you can do it slumlord style and just put lipstick on a pig and let it be someone else's problem in the future.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $942,000

Cash invested: $20,000

Sale price: $1,360,000

Pocket Listing Live in your Flip

https://youtu.be/ke3sB...

Some flippers really believe in ‘putting lipstick on a pig’ and screwing the buyer.