Not bad. My mother has been in the real estate business for about 15+ years as a weekend hobby. I've been re-habbing houses since I was 7-8 years old. There is money to be made, though the market sucks right now.
We buy on the average of 2-3 houses/month, along with multiple rental properties that we own.
I just recently got into the game on my own within the past year by buying 2 duplexs and a house in Lancaster to use as rental units. My next step is to get into buying and selling.
To be honest though, the best way to do it with the least amount of headache is to buy them dirt cheap (well under appraisal) when you can find them, and just turn around and put them back on the market. If you stick with it, you'll eventually get tired of the remodeling gig.
Good job though. It's a good money maker if you put the time in.