These are big money plays life changing profits but RISK you bet..

Hence my take on CA; pricing is way too high and margins way too tight for the risk at playing the loooong game because I simply don't have faith in CA's actions, or better said inactions, for the loooong game. 

Ok so this would be profitable for a potential investor if you seller financed.

While not impossible, you'll be paying a much higher interest rate for the loan than with 20%+ down and also you're likely paying some points or splitting the profit if for resale. 

Everything you posted is correct except your definition of “profit” unless you only paid $140k.

Referrals are by far the most efficient, economical and profitable way to do business.

Anybody have a nice profit and loss template set up on excel that lets you plug in your numbers each month? 

The third, I think I will break even or small profit, but it will be on the longer end of the hold, like 7+ yrs overall.I have not had any additional capital calls.

They just aren't that profitable.  

Buy a property to live in, fix it up, then sell it later for a profit.