I have done a little car flipping myself with a guy I knew in another city. It was fun, and I made some money on the side by doing it. He eventually gave up his dealer's license and went out of the business altogether. I liked it enough to consider it myself, but there are too many requirements, and costly ones at that, in my state to pursue it. I'd have to have a certain size lot, signage, be open certain hours, etc. I have other business interests, so that can't happen.
I still think there is a market for flipping cars for sure. Yes, more people keep cars and repair them as much as they can, but people still buy plenty of cars, they may not be buying new cars when they have bad credit or their own financial issues and don't want payements. So, cash cars could be where it's at. The money is made at the purchase, much like with real estate. You have to get the car at the best price possible to give you margin to work with when reselling it.
Best of luck to you. I hope it works out well for you, and think you're smart to keep things separate from your dad.
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