Today's Houston Deal of the Day is not for the faint of heart. It is a high-end flip in Katy. And the remarks, say the property is 199,000 with Lenders Approval. It's comping at about 536. So if we look at the investment summary here, they're asking 199 at 536, that's 337,000 to do your repairs, pay your costs, and get your profit.
