.- in appreciation market with cheap money/low interest rate condition, flipping is much much better than renting.

I don't care what the cheap, low barrier of entry investors tell me. 

The high cost of buying cheap.

The unfortunate truth about cheap properties is that a hot water heater and a roof still cost about the same as a proprety in a more expensive areas so your repairs/vacancy/capex is going to eat up a larger % of the gross rent than a more expensive property even though the $ might be similar.

I use them for payments because it's free and background checks are cheap for applicants.This same house previously came with a warranty when I bought it, it was actually a good deal.

To each their own—but all trades say, “good work ain’t cheap and cheap work ain’t good “ however unscrupulous contractors that take advantage of people are a major thing. if we wont acknowledge that, contractors are just looking out for themselves and their individual business model. you also can’t assert that quotes can’t be automated and also assert that there’s no variance in pricing  lolRant over ! 

My market is India, China and Europe with teak, no resale market means it is a buyers market, labor is cheap, you can still buy hilltops with great views, river front properties, etc.If I was going to buy in Belize or any resort area I would wait till the next financial downturn in the U.S.  

In the middle of those two extremes might be a small business with 3 years left on their lease, but they've made improvements to the property that aren't cheap to remove, such as perhaps a dental office (dentists might be pissed that I put them in the mid-risk category, but all the dentists going out of business in 2020-2021 taught us that American consumers apparently regard dental care as an optional and "luxury" spending item). 

I learned about curb appear when flipping...Front door, mailbox, address plate, simple clean landscaping...a cheap investment to get a good return.

The ones that require leverage are not the greatest though (just like when leverage was cheap they were great investments)