This is more common that you might think.They do not take into consideration the costs borne by the investor associated with the transaction such as: closing costs, carrying costs, finance costs, exit costs, etc.They are trying to hit a homerun on every deal and not leaving enough "meat on the bone" for the next person. 

Some of us are on the forums daily, while others may only log in once a week or less.

Once you've done a little educating through a $10 book and some free podcasts (the good ones), the main driver of your success is consistent daily action.

I would add:Over-leverage: seeing people get owner finance and someone to toss them a total of 100% financing plus the costs of renovation sometimes crushes them even if they come in on budget and have the right ARV as they miscalculate the time it takes to sell as well as forget about all the other costs involved in a real estate transaction.

I daily have to tell people to move off my property and tell them they can’t sit or pee here or there.  

If you are cash poor, and can recoup cash from this transaction, it will give you some ammo for the next deal that is going to come in the next 12-18 months.If you were using the space, that would be different, but if you're looking to rent it out, and are stuck without a tenant, you become even more cash poorGood luckGino

Pros- flexible underwriting criteria that will only look at the transaction and less at your personal financials. 

Find out what the daily labor rate is.

You’ll also pay transaction fees disposing the asset, likely in the $40k+ range.I don’t think you have a clear-cut answer here, but you’ll need to rack up all the financial trade-offs to make an informed decision.

I imagine you may be in for a surprise here in IL with how real estate is transacted.