How would you know a deal if it bit you in the butt if you don't have the skills to identify what a deal is.

It takes far less time, labor, and skill. 

Skilled investors frequently possess knowledge about particular communities that comply with the 1% criterion.Deal with a local real estate broker that focuses in buying investment homes.

He will be able to help you narrow down on areas, numbers, and what to look out for, while getting you a great deal with his awesome negotiation skills!

There are as many strategies to find buyers as there is to find deals, so it is going to be more of what your available time and skills are.

So, when I went to real estate school, I was super excited to get all of this behind the scenes knowledge and skills that I had been missing all these years.

With cheap updates for the tub, you can expect a bare minimum of 3 8-hour days for two skilled people working together.

Also, depends on what are your capabilities and skills. 

PS: The empty lot has no value to you whatsoever unless you have the skills to build or flip to a builder.

Many flippers I know specifically don't have their license because of the following:  no need to follow Code of Ethics, sales isn't their skill, they are making money by sourcing deals not spending time doing sales (even of their own properties since it takes time away).Happy to chat if you like.