If you play your cards right, rehabbing houses can be very rewarding and incredibly profitable. : DC Fawcett is the Founder of VREIC and LIFE RENU. His family, his health and real estate investing are his passions. If you play your cards right, rehabbing houses can be very rewarding and incredibly profitable. If you are a new real estate investor, learning how to rehab properties can provide you the best chance of developing a sustainable real estate business. It will also open other opportunities for you.