Are you doing it in cash or are you using a lender to help with the purchase/renovation?

How many people actively own cash flowing properties or make a significant profit on real estate every year in the US?

In fact, few people will realize that it’s even happening when they do, and they’re usually only recognized after the bottom has already hit.The search for the elusive bottom to any real estate market is akin to finding the proverbial needle in a hay stack.

@David Muelleri know this isn't the answer you want but... why not just save up some cash? 

If I visited only these house I can still find good deal.

I believe it's because the property is being sold "as-is," and they are unwilling to make repairs or negotiate based on findings.

You can put in a back up offer if the first buyer backs out. 

Also, you should not be responsible for any cash payments not actually delivered to you in person.

The first thing that comes to my find is "Extreme Ownership", based on the book of the same name by the Navy seal Jacko Willink.Basically, you have influence in every outcome in your life.

Also, you mentioned above normal fee for Realtors(R), but commissions have always been and are especially now with our new Buyer Excusive Agency Contract, negotiable.