The age of a home is sometimes a misnomer as older homes were built much better in many ways, not all.If you want to flip, you need to focus on older homes because that's where the bigger scale will be most likely and the more outdated cosmetically, the less likely first-time homebuyers will think they can do the work.

Here are the playersMe - OwnerOG Developer - Original Developer that improved property before I purchasedNew Developer - New Developer currently building a new subdivisionWater District - Own the vacant land that my sewer line runs acrossCity - Well, The cityTimeline:2007 - OG developer purchases large 1 acre lot with an existing house with the intent to subdivide and create a small PUD.2008 - Improvements are made (new street, sewerlines, storm, power, water) are brought into the subdivision. 

This would allow an investor to scale their portfolio with creative financing.

Many of us want to save cash to be able to purchase the next one.

Purchase price: $300,000 Cash invested: $31,0002/1 X 2 duplex with new roof, newer AC's and new water Heaters in really good shape.

@James Maaba congrats on your recent long term rental purchase, East Stroudsburg is in high demand!

An time sensitive opportunity came across my table for a purchase of properties in a bundle.

The one to four is a very comprehensive contract that covers everything and even has room for special provisions when something out of the ordinary needs to be spelled out.When doing not so normal purchases like a sub-to, I dont use the TREC, but one that I created from several other contracts.

In that situation I purchased a SF property 4 hours away from me this year as a fix-n-flip and to test the hypothesis that long distance fix-n-flips could be viable investments. 

If you do all that and their inspection on their purchase come out okay, you will not have a problem.