I really like that business model!

If you follow that model in most markets you'd have very good positive cash flow and you can take out most or all of your original investment post acquisition.

@Matthew Kelly Before you decide to create a LLC, please consider the following, to determine which Corporate Entity fits your REI Business Model. 

More than likely, they don't have renters insurance so if a fire did happen they would lose all of their possessions, or much worse, someone could get hurt or killed. 

That's a pretty sad business model!

stage 450k and up  at least 2 models... lower price points what they call soft staging.. makes a differnce  especially if space is not traditional

I know a lot of investors are crying about inventory but still there are a lot of homes that will fit that model.

Flipping houses is a job, not really the preferred investment model to begin with, it's $ for hours. 

Downpayment for a Tesla Model Xand maybe save the environment ..... a little. 

@Joel Owens I agree with you, i am not a Realtor, i am a Contractor and Investor. as of right now i do not purchase multi million dollar properties, but i have a few properties that put my net worth over a million. you never know where your next million dollar investor will come from. i agree that there are people that do nothing and it would be a waste of time, but if there is a serious investor out there that there model is to buy low and hold a ton of these properties, then a little time with an investor looking at 150k house may be worth the time, it may end up being 25, 150k homes bought, 3.75 mil in sales. would that be worth a Realtors time ?