Not really. There's never more than 2. We come out a little ahead hen we fix them up and decide to move. We're not flippers though, we just move for new projects.
Always try to buy a fixer-upper with a good location. I think the new Pit might be a keeper though. It's an 1820 in really rough shape.......but it's in the village two houses from the water. Got a good deal on it.....but man will it be a project. Time and dollars. My wife said all our other houses have prepared us for this moment.....sigh.