I don't want to sound like a scavenger looking to profit from their misfortune or take advantage of them.

and which of them can make the best profit ?

In addition to what @Paul Allen said, Look at this as two steps( does not matter if you have an entity or without entity) 1st: You will pay tax the profit of the flip.

I've ran across "weird" properties too that make me hesitant but I think mostly anything can be made into a profitable deal. 

Our general contracting business is in a HCOL City (one of the hottest markets in the States), and we are doing better than we expected, and my partners now want to transition into real estate investing.

We're in the process of transitioning to allow our tenants to pay their rent online through Cozy.

So I found this deal where the price was $110K obo & I contacted an agency that said that they would coach me, fund the entire project, and then split the profits.

If it is not a profit center for you that has no risks it is not something you want to be involved with.No way you want to be dragged in any child porn charges etc.

Keys was also very seasonal while south Florida is a hub for events, conferences, concerts besides the typical beach/partying which means there's always an influx of travelers whether for corporate/family or spontaneous getaway.If you find something in the Keys you will make money regardless - I just found this area more profitable.

Today the seller contacted me Asking if I would be interested in possibly partnering with her and splitting the profit ,she's even willing to possibly contribute bring money to the table to work out the deal.