In 2016, average gross flipping profits reached heights not seen since 2005.With stats like that, it is easy to get caught up in the market fervor and only see the rewards, but fix and flips have some inherent risks.

I'd bet Zillow picks up borrowers who have received notice, that puts a borrower under some pretty stiff laws designed to protect them (because they are distressed) and a wholesaler, well, you shouldn't even dream of going there if you, as the buyer executing a contract do not have the ability or intent to buy it.Yesterday, 8/15/16 there was a wholesale thread that explains the pitfalls and foreclosures, two threads in fact, search recent posts.Besides, these are not as profitable as you may think, the risk of dealing with borrowers is very high and the reward is minimal most of the time, just not worth going down that road at all. :)   

Those that are Home Inspectors, any pros/cons/challenges/rewards you'd like to share if you were to do it all again?

Lots to learn, but lots of rewards for the effort. 

Investing out of state does have more challenges but the returns can be very rewarding and it doesn't have to be as hard as it might see.

Your actions spoke loudly and your reward is money on demand!

Risk can reward but ca also destroy.

Just goes to show you how diligence and a humble heart are rewarded!

I am on maternity leave currently and plan to do real estate sales so that I don't have to go back to work.We  must take risks in order to see rewards.

This places you in a lender position with all money releases provided after your inspection and approval of work performed and the option to purchase (which should be recorded) provides you the protection in the event it is all fixed up and the owner decides not to sell.This is an opportunity to invest with a small amount of money and small risk for what could be a decent reward.