This is maintained by the specific attorney’s office for the specific foreclosures they are performing.Although very profitable, Foreclosures are a poor choice for wholesaling, unless you have substantial capital.

You're going to need 15-20 duplexes that are considered good deals to get to that kind of profit.

Determine local/state laws regarding wholesaling and determine if (1) you need to be licensed in the jurisdiction you’re considering and (2) if you’ll be able to operate profitably while remaining legally compliant2.

You'd have to be a builder to really reap any sort of profits from an area as such. 

For tax purposes, the profit is calculated as the sale price minus the cost basis (purchase price + renovations + transaction costs).

Just like any other investment, if you take into account all your costs and buy at the right price, you can still make a decent profit.

Double check on permits if the previous owners has done a remodel.Do not rely on agents representation.Do not work with a dual agency as a buyer, the agents first commitment is to the sellers.Allow at least a year of seasoning before determining the profits of an investment.Happy to share.

Some approaches felt legally and ethically questionable, particularly for someone trying to transition quickly out of a 9-to-5 role.

Try looking at:The Best Types of Markets for Profitable Turnkey PropertiesandWhat to Ask When Working With a Turnkey Provider

Even if the property were to sell it $180,000 that's a lot of risk for 30 K of profit.