It makes good income on a dollar/hour basis, and I have incredible control of my schedule, spend time with my family, etc... but it isn't very scale-able, at least not with favorable profit margins. 

This means you will likely have to use a transactional funding source adding to your transaction costs and lowering your margin. 

Anything beyond that, means the margins are perhaps a little too tight and you may want to reconsider doing the deal.If what you’re saying is correct, that 70% ARV does not leave any, or very little money for renovation, than I can already tell the margins on this deal will be tight.

To me it only makes sense if their bids are lower than the other contractors that already build in their margin to the quote.

To me it only makes sense if their bids are lower than the other contractors that already build in their margin to the quote.

To me it only makes sense if their bids are lower than the other contractors that already build in their margin to the quote.

Can you be ok with making a 27% margin instead of 30%?

@Matt Baker If you can make strong cash flow margins and it's a turn key, i'd consider that a win for sure. 

I also hope that if I'm playing wholesaler by doing my own marketing this way, that it would open the door to slightly larger profit margins.

Your comps appear to be active listings not what has been sold.The margins are way to thin on this as the Holding costs will be a lot higher than 3k and closing costs probably more than 12k when you factor in taxes etc. throw in a 20% contingency on top of rehab and the deal is making very littleJust my 2 cents on how I would analyze it