Of course markets change and the chances of a profitable flip have changed as well.

Quote from @Rajagopalarao Paidi: Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has Do it FSBO if you want to save them and then hire a TC or company to do the work...

However, the end goal can still be profitable.

Breezeway allows us to easily organize all photos by room and generate a downloadable document for reference.Once a tenant moves out, we follow the same process to document the property's condition and determine if any amount needs to be withheld from the security deposit.Additionally, we require new tenants to complete and return a move-in inspection document within 3 days of moving in.

They will generate a report to you based on their findings.Type 2 - conducted by an engineering firm where they will have you complete a questionnaire.The questionnaire will ask you details regarding the house and therefore, I would recommend having a home inspection or appraisal at the time of completion.The above two studies have pros / cons and differences in cost and turnaround time.Best of luck.

Nobody knows so what I do is making sure I'm profitable, even at rock bottom rents.

The possible lack of profit that is left behind.

The barrier to entry is lower so they seem attractive, and to the person who knows what they are doing, they can be very profitable.

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.

I have a real passion for real estate due to the difference that it can make in the community, people’s lives, and the wealth generation possibilities that it creates.