So it takes a lot of work to find a deal worth pursuing.  

Yikes, the new requirements aren't that big of deal, but if they pursue those further options, that would definitely make it more difficult for people that want to do live in house hack with Airbnb to cover the mortgage.    

Knowing the estimated amount of work you need to put in and the profit you would like to make will be important to know when to back away from the property.

I know any seller profits from a sale can be taken to satisfy a judgement, but this person would be losing the house to foreclosure and thus there is no money to take.  

Not only were we excited about the equity we built, but after renting it out it cash flowed about $500 profit per month.

I'm trying to break into this business and want to review rent rolls and profit and loss statements.  

I'm selling a rental property at a profit and intend to buy another rental property to improve cashflow and get into a more desirable and easier to manage rental.

@Micquel Bernier find someone with experience in your market to co-wholesale with and split the profits until your confident in your abilities. 

If you want to profit from the money now you can do the rollover. 

Im curious I wanna know what can I do to profit on the rumors i been hearing of another economic crash.