Maintenance, repairs and turnover eat up the slim cash flow and then some.

@Katie Southard   Just a thought many mailboxes aren't locked so the liability aspect if the key is not marked is likely slim to none. 

The high volume guys are working on very slim margins.

Offering a good company one unit is nothing to them so your options are slim.

I've been removing older looking fans for the slim LEDs, especially if the place has low ceilings.

However, there was slim pickens on insurers.

I suspect your chances of closing are slim so start looking for a credible lender who will do their due diligence on the property early in the game instead of just now figuring out that the property is rural.   

@Mitch Davidson congrats on the purchase, it's been slim pickings around here for a while. 

@Dan Heuschele, sounds like you got your answer, but over 5 years of actively working with over 4,000 LPs, my experience aligns with Brian's.I am sure, as of today, the number of LPs that want out of deals going south is probably much higher than leading into this correction, but unfortunately, if you want out after there is already a scent of blood, the chances of finding a willing buyer at anything more than pennies on the dollar is probably slim to none.That being said, I know Cadre runs their own secondaries platform.  

And when deals are slim to pick up anyways, if I had the financial wherewithal to swing a $1mm flip, I would take that one over trying to find 10 flips at $100k each.