I havent looked at the houses and they may well be overpriced. I wouldnt focus on what the flippers are making because sometimes people get a good deal by doing things others cant or wont do. Worse yet it will make you crazy and is just plain un productive. The more important thing to focus on is the asking price relative to current fair market value. Wait for the right house and the right price (i.e. a good or at least fair deal in the current market whenever you chose to jump in). Be patient and you will be rewarded.
