This is the reality of selling the entry level SFH's.

Get your RE license and sell these on marketYou can also use the marketing skills you learn and direct it toward apartments or commercial real estate and jump into that asset class.

If not fixed I have seen people sell for double what the work is because they need to take on the project once closed. 

As a wholesaler, a seller approached me with a 48 unit apartment complex, 7 duplexes and a 2500 sqft Single family that he wants to sell (all of which occupy the same block.) 

The larger ones are selling for 300 to 350 per square foot new construction depending on the lot.

Yes - you should budget all the associated "costs" with the rehab including renovation costs, holding costs, selling costs, etc. 

There are two condos in my neighborhood that are trying to sell, but have been on the market for 100+ days.

But here’s something to keep in mind: when you sell a property, you usually have to deal with depreciation recapture, which is another type of tax.

I think thats true if the builder sells some builds and keeps some.  

It was written before the days of YouTube, so it's not full of the common nonsense where authors sell a course, send you to their website for downloads, or write a follow-up with additional "secrets" they forgot to put in the first book.Long-Distance Real Estate Investing by David Greene was another good one.