Since I started this thread, this is what I have found out...He owns both properties outright, no liensBack taxes total $12,000Loan to Value ratio is about 30%Both properties compared to others on the street are valued around 180k eachThe main cost is Plumbing, sheetrock and insulationA recent divorce was the cause for the depletion of cash. taxes assessed have been amended since the first property in the midst of a flip.

Our government has been depleting the oil reserves when price per barrell was in the 80s.

It truly might be the market is becoming depleted and there maybe to many investors.

Don't want EIDL funds to be depleted before I have a chance to apply in Case I do need.

HOA board received 5 bids and started using Capital Reserves to start this process. 1 year in and the HOA has nearly depleted all reserves!

Kicking folks out who can't make their rent due to temp employment concerns is another way to end up depleting your reserves and having no choice but to sell. 

https://www.washingtonpost.com/business/2020/05/14/federal-reserve-census-data-coronavirus-survey/ Cash reserves are depleting fast among the unemployed and small business owners. 

Adding $1,500 to our expenses, and depleting our savings account by a ridiculous amount is not the move right now.

If for whatever reason capex were to deplete I’d replenish accordingly.

Water reserves are NOW being tapped which contain rainwater which fell to earth 20,000 years ago (during a much rainier time of history) and is basically irreplaceable and being used at massive rates of depletion.The area of main agricultural activity in our country is being affected: "The pace of depletion has jumped dramatically since 2000.