Question for Flippers/investors Too Risky? Stick to $200-300k Range?

Just curious I live in the bay area of california its quite expensive here currently i am in talks and have a potential contract with a off market tired landlord whose ready to go but is not in a rush to sell. I will be using this as an example for this post. So Thing is his property would be sold for about $915,000 due to its as-is condition and since Im a wholesaler it'd need to be a cash deal. arv is around the $1.24m or more depending on rehab and with around 200k-300k profit it doesnt seem like a bad deal. My question is would a flipper/investor pay say $915,000 but what if arv is $1.1m? so after rehab and fees total net profit would be close to $70-$90k. Which is profit they could make on even a $300k investment flip house after doing rehab and paying fees. Would investors and flippers still pay that price $915000 if arv is 1.1m? or is the risk not worth taking because profit is almost the same as a 400k flip? Or does it not matter?

If your an investor/flipper/wholesaler in CA or interested in CA properties lets connect I might be able to help
I have a few leads in the bay area profit

Hello Kol, We live in so. Ca , but we be interested in seeing what you have . contact me at  Show phone

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