I agree, that is cheap, and could either lead to him regretting his decision, or milking hours along, as being paid hourly isn't a big incentive to finish fast.

I've had great luck with sandless refinishing, and painting hardwood if it's the cheap thin kind in rough shape. 

I'm also not taking on a crap-ton of risk being over-leveraged on cheap properties, which I'm also fine with.

You'll lose your shares in a rising tide, lose your asset value in a falling one.Oil stocks, while historically cheap, haven't been stagnant have they?

Repairing plaster is easy and cheap. 

I will say our facilities are relatively cheap compared to the "big city" (pop. 100,000) that is about 15 miles away and that seems to have a certain draw.  

No doubt $100 or even $500 for a solid lead is friendlier to a flipper's margins than $3000 or $5000 or $10,000 wholesale fee.To answer your question, if you were up and running right now I'd buy a few cheap leads today!

I also haven't stopped talking about it since as well, so my family thanks you in advance for listening to my future questions and rantings so that they can have their sanity back.We have 4 kids with the oldest heading off to college next year (so we have cheap manpower!)

They are cheap to install/replace, and 99% of problems with them can be fixed with a simple reset or hex wrench. 

Don't buy something because it's cheap enough that you can afford it.