In a competitive market there are enough buyer who will buy junk REOs that the profits get slimmer and slimmer.

Or are you up to slimmer cash flow (or even break even) but with strong appreciation upside?

Meanwhile housing prices seem high, making turning a house into a rental have an even slimmer profit.

The profit margins tend to be a little slimmer, but the speed and the amount of volume that you can do surly makes up for it.If you're interested in moving forward hit me up.

I will say that you may find that finding props that only need 10k worth of work will likely keep you from getting anything too cheaply, meaning your margin of return may be slimmer even if you do everything yourself. 

So in reality those deals might be even slimmer than you think.

This will involve more overhead and more risk as the cash flow won't be as fat. if your goal is to keep things simple with very low risk, it's a great idea to pay properties down as fast as possible and buy the next a little while later. growing faster usually means Slimmer margins on each deal but more deals coming in and in the long run a bigger snowball at the bottom of the hill.

I've seen people flip for slimmer profits but its usually at the expense of quality products and quality work. $15k is still a decent profit though, do that 4 times a year and you made $60k. 

Yes, there's lots of out of state and out of country investors buying on slimmer margins..

The margins in the profits are getting slimmer and slimmer.