@Moldova - I agree with you. I used to love watching those real estate shows in which the people on the show would flip properties for a living.
It was amazing how they did this, but the ones that made the most money were really organized and had a system for locating properties. They also had a team of contractors that would work round the clock to finish the projects.
What I learned from these shows is that you really have to have enough seed money in place because things can go wrong and delays will happen.This is where people get into trouble because the carrying costs of the property continue to mount while the renovation delays take place.