There is a lot of turnover in contractors that work for HD, because HD really squeezes all the profit out and leaves the contractors with little $ for their effort, so they cut a lot of corners wherever they can in an attempt to actually make some $, and then they quit after a few poorly done projects that nobody except HD benefits from. 

So they get an offer and see the bottom line from opendoor or alike and they see profit they are happy.Now if they were provided a bottom line from and agent at real value without the excessive fees and compared that to an estimate from opendoor etc I think most homeowners would choose to save thousands of dollars vs sell a month and a half sooner.They are in Las Vegas and Henderson now as well.

I know any "profits" from the insurance payout minus repairs are taxable.

I help local and out of state investors purchase and sell profitable properties in the Greater Dayton Area.

Would I still profit in the long run, if I were to rent that house to tenants??  

Made low 7 figures over the years in profits pushing various health products on Facebook Ads, Google Adwords etc. as an affiliate.

There would need to be enough return from this deal to still be profitable with the start up costs.

Most of the value add B and C class apartment deals I see generate a 25+% total deal IRR...and that is split between the sponsor and the investors. 

@Kay Dyer Welcome to the exciting world of off-market lead generation!

Something that I implemented that has also been helpful is the "profit first" method, or the  "rich dad, poor dad" method of paying yourself first.