The ethical considerations aside (if that's entirely possible), the biggest hurdle you will have to jump is the issue of quality. "Flipping" is a euphemistic term synonymous with "whitewashing", if it is used in the context of buying distressed properties, putting as little money into them as possible to make the aesthetically appealing, and selling them to unsuspecting buyers at a profit. How do you, as a competent (assumed) inspector see that you will get beyond this with any degree of grace?

Aaron