Jack:

I guess we are speaking from different experience pools here. I was a general contract for over 20 years building and remodeling hundreds of houses. In addition, I have been inspecting homes for 11 years now. In my travels I have seen maybe one "flipper" that attempted to do the right thing. He is no longer in that business. Guess why.

In the comfort of the hypothetical assumption that flipping can be profitably accomplished without becoming whitewashing, one might wax confident. From the front lines I must report that your castle in the clouds was likely not one acquired through flipping.

Aaron