The most important factor for investors to consider when it comes to making a profit off of a flip is who is my end buyer, what are they looking for, where are they looking and how long does it typically take to find that right buyer in that market.When reselling you want to go where the demand is because you dont want your listing sitting on the market and having to reduce the price to sell.

Con is that we're seeing more and more competition from local investors or agents who simply buy the properties themselves, slap lipstick on them and then re-sell them to OOS investors at a significant mark up.

Traditional wholesaling as in you buy low then resell for a profit, I've got no gripe with.

That would make you an ISP reseller here, and not many"real" ISPs providing you internet here allow you to share internet with others.

(One advantage a new investor has is that they can usually get a better interest rate on a mortgage, after you get 10 mortgages some banks will notconsider you or charge a higher interest rate).  2bd/2 ba is always easier to rent or resell. 

So I only buy deals at discounted prices... if i buy a property for 50-80% of market value, I resell it at market.

Buying something hoping to resell it for more like flipping or trying to wholesale that’s speculating. 

For example you find a house $100k for selling finacing and you put it under contract to resell it for 130k how do u do that with your broker?

When you request a loan draw payment, the Lender sends a 3rd-Party Inspector to inspect the property to ensure the project is ready to receive the next loan draw payment.Financing Costs ExampleIn this example, a rehabber purchased a property for $100,000, that needs $50,000 in repairs and is planning on reselling the property for $200,000.

Property you purchase with the primary intent of reselling (fix n flip) does not qualify for 1031.