And it's cheap to burn.

Many RE agents like to add them on to sales because they are cheap and effectively deceptive

And I would assume pool maintenance isn't cheap. 

Once you pass your RE test you can find brokerages to hang your license for relatively cheap, around $30 per month and keep all of your commission or even cheaper where you split some of your commission like you were alluding to in your post.Kelsy, good call on the REAPS.

Your cost, purchase price, closing costs (twice to buy and sell) you cost of improvements, your holding costs, financing expenses and taxes need to be looked at with your expected sale price to find the profit.Equity is not created by buying cheap, saying you made XX$ on a deal, that is guru accounting stuff, equity can only be shown within a year of your buying it by selling it, after a year, you can use its current market value or appraised value, that value less your costs will be the equity gained (or lost). :)

The vacant to values are dirt cheap, but they almost all need complete renovations.

Stackable can be found usually for pretty cheap at a sears outlet. occasionally you can find them with the quarter operation slides.

I find Zillow to be within a hundred thousand for value in a cheap house but fairly accurate on rent estimates.

Cheap light colored laminate in living/dining rooms.  

I read the BP house flipping book and I just not grasping how people will be willing t sell a house so cheap.