The profit margin gets pretty tight when you are paying top dollar for everything.

Situated in a Middle to Lower middle class neighborhood.Right now it is renting for $750 per month but in the area it could go for $900.Off those numbers the deal is very tight, but the one caveit that is interesting is that it is 100% owned by the family.

Brutal winters yikes:)Our cash flow situations are pretty tight.

The caps are a spec play and if the market changes just a little from that tight compression you are upside down in value.

I gave them a semi-flexible, semi rigid deadline to let me know; I didn't want to apply too much pressure, but I didn't want the deal to get away.

The market is tight for investors, but there are still plenty of good deals to be had.As for maximizing the buying power of your dollar, you may want to consider hard money financing as an option.

Made money on all the others.That said, I do not buy at auction anymore as I believe the margins are too tight now and am putting my money elsewhere.The first thing to do if you are serious is to subscribe to a service like ILFLS.

That would be tight!!

If inventory is tight in Des Moines, I would toss that offer and move on to cash or conventional loan offers.

I am leaving in the morning for Florida and will be out of town for the next 11 days which is most of the deadline so it will be a little difficult to arrange the work to be done.Any suggestions?