Flip flop
In November I wrote about a flip listing poised for a flop. See this post.
Update, it has been reduced again and is now down to $315,900 and breakeven at best can now be expected. I can think of better things to do with money than break even especially when risk / reward is factored into the equation.
My advice for future flippers, buy the right property at the right price, add value, sell for a profit. A house will not automatically go up by 10% to cover your costs just because you closed and took possession.