There are a lot of expenses under the current operation: on-line advertising, housekeeping, supplies, insurance, maintenance, internet, Direct TV, utilities, etc.  

Depends on the State Regulations. 6.Seller SecondsThis is a mortgage issued by the seller to the buyer that is placed in a subordinate or second position to an existing first mortgage from a conventional lender; seller second can be a great incentive to buyers; can help them purchase by putting down less cash-leveraging their assets; second mortgages typically carry a higher interest rate than first mortgages, an advantage for the seller over other investment options; a seller second can open new opportunities for buyers in markets where conventional lenders are tightening their loan to value guidelines and buyers need a way to close the resulting financing gap; lenders who want to limit their exposure may agree to a "Combined Loan to Value" guideline that supports a seller second; seller seconds may help buyers reduce their conventional loan needs below the PMI (private mortgage insurance) level, saving significant dollars per month; seller seconds can also help in larger purchases, reducing the amount buyers would need to borrow conventionally, bringing their remaining loan requirement within reduced rate "jumbo" loan territory; some conventional loans prohibit secondary financing; second loans not disclosed to conventional lenders are illegal.sellers granting a second loan must file a lien on the property. 7.Lease with Option and Lease PurchaseA lease with option to purchase is an agreement that the leasing party can buy (or not buy) the property at lease end for an agreed price; a lease purchase agreement, the leasing party commits to purchasing the property immediately at lease end; the owner agrees to apply a portion of the monthly rent payment toward either the buyer's down payment or closing costs at time of purchase.

Housing supply doesn't decrease therefore you have more supply than demand. 

Hey,So in our apartment we had gas supply that would provide us with hot water all day round.The owner decided to take out the gas supply and so he replaced the radiators and the boiler for the water with electric ones.After testing the water we found that there was only half the pressure ad before and the water would be luke warm at best after 3-4 minutes.

In most places it's actually both against state regulations and local broker's code of ethics to do so.

They own the property, renovate it, place a tenant, and then supply the management in-house after closing!

The banks have so many regulations to prevent exactly this - you are wasting your time.

We have an order in for a new washing machine unit, and it had arrived here in Houston, but was dinged up, so they returned it instead of delivering, and due to supply issues, it will be late May before they can guarantee another one.

@Alexander Smith - Check the local regulations in your area, especially fencing that is required around pools.

It seems to me that the flip rate, i.e. the percentage of home sales that are flips, can be a useful measure in taking the "temperature" of a market and as a supply/demand indicator.