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this post was submitted on 30 Jul 2024
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I think we disagree in that I know of virtually zero house flippers who engage in the practice you describe of buying out of market houses.
Every single house flipper I know buys a house that some young starting couple would be happy to buy and renovate themselves. Though that maybe a difference of markets given that where I'm at there are basically no out of market houses because every property is too expensive too abandon like that.