It would be very profitable for a business person (couple) just not the current owner who isn’t very business smart.

The sweet spot is the 50k where you are getting good leads who are not gouging the profits. 10% of the time I see 25k buy ins.

How much of that 70% is going towards my profit ?

I track: mail pieces sent, cost per mail piece, cost per total lead, cost per seller lead, response rate/seller response rate, revenue/profit.

I’ve done a house hack that I held for two years and flipped for a good profit.

From a cursory glance, one is in a more desirable area and may net you a better profit.

so further thought process what better way than he can experiment with a 1 to 2k home actually buy something to be the proud owner and then see if he can resell it and make a profit all being totally legal.

What I can offer you is getting you the right price, ability to hand any issue when it does come up, and the support after the sale to keep your new property profitable.

Also, does anyone have any general advice in pursuing a 203k loan?

I have read a couple of articles that bemoan that homeowners in expensive locales will suffer, however little to no impact to less pricey areas and a net probable boost to landlords.Live in flips will certainly be less profitable if the capital gains exemption increase from two to five years!