It seem your margin is too slim, from using the 50% rule for rental properties, $3300/2 = $1500 for expenses leaves only $1500 for the mortgage payment, expenses will have you losing money fast.

this is definitely a slim deal.  

Slim, real slim.

Pools are purposely structured to offer reasonable LTV's - in other words, the loans are not all 120%+ LTV.Anyway, my points are:the chances of a person on Bigger Pockets having $16 million laying around and needing this attorney is slim to none,the attorney is not an authorized marketing portal for any Fannie, Freddie or Ginnie pool of loans, those approved parties are specifically Bank of America Merrill Lynch, First Financial, and Castle Oak Securities.  

As stated above, the market here is slim picking for good flipping deals. 

I've actually bidded on properties I didn't really want because the pickings are so slim.

We can suggest refinancing and subject to and subleasing, etc all day long but our chances of success are slim because we don't know what the other parties need or their experience.  

They both said, as I had assumed, that the rental market for high end houses in the twin cities is very slim, and I could find myself in trouble pretty easily by not being able to find a renter for a few months at a time.

Slim and none. 

I don’t know if long term rentals are on your radar as well but there are slim to here ( this is why my fiancé and I are focusing on BRRRRs in the area).