There are a lot of ways to earn money and one of those is flipping. Flipping is not actually new in business. A lot of houses are built and sold after they are developed. Cars can be brought at a lower price and can be sold at a higher cost. Even websites can make money through flipping. You buy one, redesign it, and then sell it.
Hi Josh; some of the most important factors to consider are
1.you have to work quickly becuase you will be competing with people who want a house to live in
2.many people are considering this trendy booming business
3.Not every distressed property is flip worthy
I think if you can have either an existing high traffic website or great keyword rich domain/website you can flip it.
As part of your website flipping you can also offer the re-design before hand.
Do you currently have some website that you are looking to sell?