Let me be clear, just because a [desperate] Borrower is willing to take on a bad loan does not mean a Seller/Lender should make the bad loan.  

Getting kinda desperate.. we all are.. 

Desperate people will pay the premium you ask.The combination of both puts you in a downward sprial.

I just did my trial and error and eventually found someone desperate to sell.

The white elephant- the rare solution to this, where you don't lose sleep and get a great return like you are seeking, is when you "luck" into a situation where you make a once in a life time purchase with a crazy low price, because a seller is desperate, stupid or both, and lets a property go at 1/3 of its value.

Good times are when people are desperate to sell and there are deals to take advantage of.But I don't think 2020 is going to be the year

Update stuff at turnovers and then at the end when you go to dispose of it and sell it... remodel it to reflect current market trends.. or do it when the market is down and people are desperate for work...

In fact, it looks so good in the context of the current market, it also raises a few "if it quacks like a duck" flags: - a 50K house in Southern Ontario {where most things with windows and a door start at 200K} is either going to be in a rural area {making it more difficult to rent) or be in desperate disrepair ... or both.

I want to begin investing so I can get myself financial freedom but I desperately need support to get the initial capital to start fix & flipping houses.

They're great motivators and they use sales and marketing tactics for tapping into the hope and fear people who desperately want to 'alter their lives.'