A friend of mine from high school has a dad that does this. He buys cars for $500 or less and then makes em work in a day or two and sells them (back then in the paper, now on craigslist) for $1200 to $2400... He does 2 to 3 transactions a week. Not bad cash. Doesn't have to report to anyone...
When I was in school we'd go over and help him. He paid us each $25 a day and then was able to turn over 2 more cars a week. Since we only worked 4 days we got a combined $200 while he made an extra $1000 or more.
That was my first lesson on being your own boss and getting others to work for you.
My buddy never ended up doing it. He does odd jobs. Sad. His dad makes some decent cash and my buddy makes like $600 a week or less. I tried to show him adult. Some people are happy making dirt.
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