Property flipping in today’s rocky housing recovery means staying one step ahead of the game — a game that is becoming increasingly cutthroat. Foreclosures are drying up and cash-heavy hedge funds are still buying low-end properties to rent. For a home flipper, someone who buys and sells a home in the same calendar year, the pickings are ever slimmer, but the profit can still be high.

Read more: http://tinyurl.com/q5rbrjm