I know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.