Fancy making a quick chunk of change? Okay, maybe it's not that quick, but flipping houses does seem like a fun way to turn a profit. The Austin Flipsters purchased this run-down, 910 square foot home in one of Austin's trendiest neighborhoods for a whopping $345,000 — which just goes to show that apparently location is everything. Plenty of hard work and $130,000 later, they turned the place into a chic and functional bungalow that's currently under contract for $625,000.