Fixer upper houses that you don't want? Here are some examples of what to avoid. Avoid Houses With Small Profits It seems obvious, but then I am remembering that nice couple in the Calgary newspaper that was proud of the $9,000 profit they were going to make on a $400,000 house. That's ridiculous. There has to be some reasonable minimum profit that you need to take on a deal. Too little and you just have a job, not a good investment. More importantly, fixer upper houses are inherently unpredictable. If you ever watch those television shows on flipping homes, you have probably seen the investor go way over budget a number of times. It may be okay to go $18,000 over budget due to surprises if you projected a $35,000 profit. You'll still make $17,000 after all. But if you are trying for just $9,000, and this happens, you just lost all...