It was nice to get a bit of reality on the show when M&K admitted they hadn't made much or any money on the other two houses they'd rehabbed on the street. Wasn't one of them the shiplap place?
I think all the flipping shows exaggerate their profits by not including costs like project managers, design teams, staging, interest on construction loans, etc. I always hope people at home don't decide to try it based on cable TV! They wouldn't be getting the cushion of production company money.
M&K also seem to buy houses and not start work on them for months and months. It seems more doable when they were paying under $10K, but I have to wonder what their carrying costs are now.
I miss old project managers Lenny and Lonnie (I think?). Cory is fun but I also liked the calmness and experience of the older guys.
If you're an experienced contractor, do you decide to just flip the danged houses yourself for a potentially large profit, or take the security of a guaranteed income working for someone else as project manager?
I'm risk averse and my acid stomach couldn't handle all the errors, unreliable subs, and general aggravation. I ended up exhausted and in tears more than once on my own full house reno.