It's interesting that they're following the lead by Opendoor---the startup that pioneered the same. What I don't like about this business is it's very capital

It's interesting that they're following the lead by Opendoor---the startup that pioneered the same. What I don't like about this business is it's very capital intense with low ROI. Sort of like high frequency trading for homes. Plus, transaction prices are all public. Sellers get pissed off when they see how much profit you made off of them. They assume they could've made that 10-20% themselves (in those rare cases), leaving the flipper with bad reviews on Yelp. Does it make more sense to turn this into a fund, a long(ish) term investor in homes... say longer than 6 months or 1 yr? Essentially creating a medium-term hedge fund. Basically, capital needed to flip shouldn't be mixed up with firm's equity (else you constantly need to raise huge sums)? Wonder what others think about that.