Besides, TV's are so cheap right now.

Completely legit.But you need to be careful when buying you need to visit the home before bidding they don't show you everything in the photos just the eye catcher one.Do your research on the area also crime rate,etc .When a house is so cheap makes you wonder........

Offering exceptionally cheap money and paying expenses won’t help an active flipper if you’re so conservative you’ll only loan at 50% or even 65% LTV.I believe the drop in the rates by some is simply due to a drop in demand from those who are so conservative their business has tailed off, than by a perceived safety they see in a rising market.

Its a lame argument that we should look the other way and not enforce our laws because business likes cheap labor!

(well, I shouldn't say never) But certainly I’ll never get money this cheap again.

Properties are so cheap that people can just buy rather than rent.. any advice on this?

They know their stuff when it comes to MH's and MHP's, and their rates are very cheap!

Furthermore, even these better-returning SFRs will be blown out of the water by a cheap condo, despite all of the HOA fees and even taking into account rehab costs!

The key is pretty simple - buy a house cheap enough so that you can make some repairs and resell for a profit (or just resell as is for a profit...although some people consider that "wholesaling").My best advice would be to learn as much as you can about your target market and costs to cure them.

Buy cheap, and sell higher then you bought it for.