Haven't seen activity increase like crazy but I think end of August(after school starts) activity will increase before the Winter

Success, currently active, will update what our final sales price ends up with, fielding calls on the property already.

As you run your business, you may have to buy a new roof unexpectedly, or replace the hvac system unexpectedly, or replace kitchen items on a turn because they've been destroyed or reached the end of their service life.

One inside share I can offer is banks (credit unions as well) and servicers (ie.

is this a sherrifs sale or a trustee sale ?

Wash/dry/fold services could be added and are wanted by customer base.

what if the borrower stops paying and the property goes to foreclosure and sells for $150k at foreclosure sale?

If the Due on Sale is called and there is no equity, the buyer has to bring in thousands of dollars to close when they sell.

In today's market with high prices, high rates, and slower sales, I wouldn't recommend starting in flips unless you have a sure thing.

Also, for the second part of the strategy, we would transfer the duplex into our real estate property investment LLC after year 1 and have my sister move back into the single-family house as her primary and rent out both units in the duplex as short/mid-term rentals.