Could you sell this to an investor as a cash flowing rental, could you resell it as a single family home to a buyer?

So it is seasoned and you resell it at 10% discount at $83,876 which is an additional $13,876 after subtracting your $70,000 investment. 

i dont have much money but have been trying to invest in something for a while now.Whats your opinion on buying  a property cheap, for around 20-25k and reselling it for 40k arv (obviously the deal would have to make sense).  

Rehab:20kAfter Repair Value: 125kYou can live in it for a few years and turn around and resell it and pocket all proceeds tax free or just hold the home and rent at that point. the choice is yours.

Property you buy or create primarily to resell is treated as inventory.If you build the house and then rent if for a while you could 1031 then. 

But I also plan to re-sell for upgrade/exchange in a few years, so small town property is going to be hard to sell...What are your thoughts?

I'm looking to possibly purchase fixer-uppers to re-sell and also rentals!!

I guess my question is: why is everyone re-selling this thing so quickly?

And at least in Oregon one can buy these but you must pay the old owner 80% of any profit you make if you resell within a certain amount of time..   

Note also, the sale price included escrow to cover improvements noted by the seller (obviously this is not transparent from the property record alone).Has anyone else experienced purchasing and eventually reselling a wholesale property after rehabbing?