Believe it or not, my hobby is flipping houses... or was. I did one this year for my mother. I'm finishing up my dad's house so it can be sold. I'm living in a reno...
It started as a means of survival but I became completely addicted during the first one.
I love everything about it. The hunt to find the right house, the designing phase, finding the right finishes within budget, the demo, rebuild and finishing, marketing, and most of all the great sense of satisfaction I feel in seeing the expressions on the new owners faces at how much they love their new home, where they will either retire or raise their family. It's so much more rewarding that working for big industry!
I calculated that I earned about $2.20/hr on the first flip!

Which tells you just how much time it takes to get the work done but its worth it...
I flipped 5 houses in 5 years that were for profit. Mom's house (and dad's house) were for closure.
I always find myself slowing down to look more closely at that dilapidated house with the notice on the door, taped there with the "blue tape of death".
Here are some before, during and after pictures:
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Just before and afters... note the blue tape of death still stuck to the door.
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Standing from inside the kitchen area. The wall was removed between the rooms
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