I seem to find properties under 200k in this area while there are slim-to-none in Frisco itself.

Don't forget things like water/sewer, common electric, trash disposal, etc... 10% coc return is good enough for me but $100/mo cash flow is pretty slim, even as a conservative number.

Otherwise it'd be slim.

Over the course of a few months the inventory just seems slim.

The odds that a turnkey purchase like this will really cash flow 10k/month after mortgage + taxes/insurance, capex, repairs, vacancy, lawn care, possible utilities, property management, etc. is slim to none. 

@Rocky R. being in one of the hottest markets - Austin, TX - the competition is extremely high and deals seems to be slim.

Am a broker and if you get 3 NOs, odds of the 4th working are slim and you'll be an irritant.Think I'd leave it at, OK, appreciate your time.  

I've put out a number of offers and I'm pending on a multi, but the deal is slim.

Statistically speaking, the chances of him losing money off a safer deal like that are very slim, plus it would be such low maintenance especially if hiring management. 

Big money is working on very slim margins that make no sense to the average investor.