If you did a lipstick flip to sell to investors, like an upgraded double close wholesale because it was a good deal, then you might not need it.

Now the questions comes: do I rehab it and then resell or just sell it with no lipstick?

I went to the house on Thanksgiving, before we ate dinner (to make sure there was heat/electricity and the water was off) and there were all these weird "break-up" messages to each other on the mirrors with lipstick, written on notes stuck in dressers, etc.

Is there an opportunity to put on a little lipstick and raise the rents as units turn over.

As a result, so were their returns.A turnkey provider will put lipstick on a C and call it a B.  

To me, micro-flipping is what I call lipstick flips.

That is barely enough to put lipstick on a pig (paint & carpet). 

I am looking at properties that  just need a little lipstick and rouge and not the full blown BRRR....right now I don't have the time for the full rehab nor the time and energy to find the distressed deals.

Repair what's broken, add lipstick and rent.

Find a property that needs lipstick renovation.2.