If you want a turn-key project, you will have to pay premium, and that will cost thousands, if you are willing to pay that, then sure, you will have better contractors, some don't even accept any project lower than 100k. 

I'm new investor and need advice on deal.It has 3 beds 2 bathroom 1817 sqft The purchase price is ten thousand It needs new foundation/ roof/ kitchen/ havoc/ and bathrooms The comps in the area are 175/190Can you tell is this good deal I think it will take $100000 in repairs

They are going to be like how astronauts start with digital plane simulators, then ride in a plane, then fly a propeller plane, then review the charts, then move on to a digital jet simulator, review those charts, then a digital space shuttle simulator, then a space shuttle, with a thousands steps in between.

This is not to say that thousands of wholesalers do how you describe and nothing happens to them, but that does not change the fact that many state's DRE will consider it a violation.

Send the $3-$4/hr VA calling indiscriminately to thousands of people a week and when they find someone that says they are willing to talk about selling, then it gets passed up the food chain to someone that actually knows what they are doing. 

I would never do this unless there were some serious financial benefit.On the other hand, I just conversed with someone yesterday that willingly loses hundreds of thousands every year by letting someone else arbitrage his properties.

And if a few hundred (or thousand) dollars a month is no big deal to you, and your objective is aggressive returns, then negative cash flow in favor of higher leverage can make sense.

Most households easily spend well over a thousand dollars monthly on these two things.  

I have a few thousand I am no longer in need of.

I earned tens of thousands simply by outworking people as I am never the smartest guy in the room.