In the recent transactions Iv dealt with high rises Iv seen many special assessments in place for reconstruction of elevators and other contributing factors.

lower out of pocket cost and if it's your first deal less stress if something goes wrong. seller financed homes.

Conventional maybe lower LTV as well and much more paper work, more liability.

Many investors from California, are investing in the midwest because of the yearly returns making more sense in these lower priced markets.

IF he sold using seller financing, there is a good chance that the say 10K in principal that might be due the first year would only be taxed at 15% from being in a lower tax bracket.

Hello Kiefer,Two weeks is not that long of a period, depending on the area, that may be lower than the average days on market around there.

Just a quick follow up to @Christie Gahan's comment: ** Yes, Long term capital gains are taxed at lower rates, but it isn't as simple as the first $500K of gains are taxed at 15% -- rather, the 15% bracket will account for your total income from all sources. 

They will always go off the lower number, and you will need to bring a down payment and closing costs (the standard title and insurance fees for escrow, as well as document and origination fees).

Long story short, I don't like factoring in lower costs just because a unit is freshly built/rehabbed. 

Over our 10+ years in the industry we have seen data that there is an almost unlimited high-end profit margin, but we also feel there is a relatively untapped and large inventory of lower profit flips available that most investors are not focusing on (that have multiple risk mitigation measures in place as well).Our goal is to find the balance of profit, risk, and consistency.