You can't use GCs on flips unless you have a massive margin.

(Most restoration companies don't renovate because margins are much lower renovating.

I do have vacancy, maintenance, and capital expenditures accounted for in my model, and I'm running in the green by about 7600 a year- still, I thought the margins may be a bit thin.  

Great equity margins (21%) and needs no work to rent but for 10k more the market would support another 20k in equity and 200/mth more rent. 

I'll accept getting a pretty measly profit margin since its my "throw away" first flip.

I've purchased from foreclosure auctions in Queens before, and the margins arent that wide.

I find too many times investors will complain "this project has no comps" when the block has 3 houses worth 400K but its not enough or "that rehab value is to high there is no profit" when there is a 80K profit margin. 

Your in A thin margin where if your taxes go way up because it’s worth more ,it could wipe out any and all profit turning your investment into a dog that costs you money .

I've done 5 of those, and the margins get slimmer everyday, as we near potential correction territory across the larger markets in our country. 

@Sadiq Muhammed  Any other savings you can draw on: margin account for your stock holdings?