1/ Great interview on why you should consider buying a website rather than starting from zero. Interview with @Flippa CEO with @JordanTParis
2/ John Chen purchased eCommerce site Blush & Bar in 2017 for $7,500 when it was earning about $1000 per month. He sold that business 2 years later for $550,000.
3/ Here is some of the Advice Offered

Start browsing Flippa and hit the "save search" button and the site will send you links.
Look for listings that are getting lots of views. If it has lots of interest, it is more likely to be a valuable site.
4/
Check the seller's notes and make sure they have put a lot of detail there so you can see what you are buying.
Start small so you can learn from your first website purchase.
5/
Figure out what you are good at and buy sites that you can improve with your skills.
For content sites, you are looking for at least 12 months of traction
You can follow @ideaeconomy.
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