Not surprised. 

This factoring includes the presence of competent contractors who can limit unforeseen surprises and costs.Myth 2: They're Too Risky to Invest InThere is risk in any investment; however, distressed properties are not inherently riskier than any other real estate investment.

The idea of debt-free is that if a person is going to retire and has to completely depend on the income, they don't want a severe recession surprising them and causing them to default on the debt and losing the properties.In a normal world, I would do that as well.

I am surprised you found a bank willing to do this.

Total turnaround time can be within the same month if you start at the beginning of the month, but don't be surprised if it continues into the next month.S8 in my area outsources the inspections.

Its easy to sell high yield deals.Looks like the rates they advertise are a good bit higher than other options ive found.

But the thing to know is it is that is not easy to duplicate in todays market.  

In my Longmont flip, we made sure to account for worst-case scenarios upfront so there were no surprises later.

I don't think wholesaling is easy at all. 

We are direct lenders, meaning we lend our own money, for flips within approximately 1½ hours of our home.We walk through every property to avoid surprises and to confirm the rehab estimate.