Good Luck on CL. Around here, you have an older Honda / Toyota of any sort needing work, and the fixer-guys will be waiting in line to come get it and skip title turn it for a few hundred buck profit. I have tried to buy a project car to fix, drive and resell for a profit and it is near impossible. Only chance at it is buying from your personal network of friends / acquaintances which do not want to bother advertising. Dealing in used cars / fixer-uppers is like trying to make money on garage sale, storage auctions or thrift store sales. Barrier of entry is low and competition is high. Might as well open a restaurant!
G