The down side is that we would need to use a property management company, which will end up eating what slim positive cash flow we would otherwise have.Would it be better to hold onto it, even for a slight loss every month, or to try to go ahead and sell it for the loss and take the hit financially and get it over with?

Slim sytems.

So my experience is slim to none

The numbers are too slim. 

There seems to be slim pickings in Brooklyn or Queens. 

@ Matt Slakey   Yes i know it can be slim to none but i guess ill give this wholesaling thing a try for the next six months and see how it pans out.  

Seems as if there is so Many agents and competition that the chance of becoming a successful agent is slim to none. 

It's going to be slim pickings for the rest of the year with rents being so high.

If cash flow is your only goal, that is pretty slim.

Chances are very slim they'll "use the same approval letter", as if that we're true, they wouldn't need to approve you.