I would agree with Chris, I would not use debt to cover all costs and then hope to get a good pop on the sale to cover all the debt, payments and still have some in the end to make a profit to do it again.

"How in God's name do they plan on making a profit" would come out of my mouth all the time.

Nothing penciled out on our spreadsheet for buying and profitably running something in Denver at the moment. 

That one was hard cost of 4200.00 and sold for 12500.00 profit of 7300.00.

Usually I lean toward buy and hold but that would be a great profit margin on a flip. 

Delays like this—especially in probate—impact our timelines and profitability.

If you wanted to, you could simply hire one of the many other PM's out there, rent the thing for $1,200+ and them sell it in 10-15 years for a healthy profit.

All in all, everything I analyze from wholesalers, independent and large, are only giving about a $20,000 profit.

It's a business and it's very profitable. 

So for a self-managed investment project, our gross profit is around $4690 a month.