The cost of maintenance is gone up so high there is no margin.

You may even ask him to give you a profit margin percentage on each task. 

Input property details and instantly get cash flow projections, ROI, and profit margins.

It may depend on what you pay per home, how their community is doing for sales/margin, and how many homes you buy.

I'm inclined to say no, especially because my margins have gone down significantly with increased property tax and insurance, and I haven't raised rent.

Therefore, the only patients a nursing home like this could get is state Medicare, which does not pay enough to cover anything other than MARGINAL costs.  

Also because of my passion, and also because flips are really hard to find nowadays that have a good margin of more than 10% profit from the selling price.I started to do some digging in the main market that I am operating at right now and found a nice option that I liked:Find an old house in a good area in the city metro, demolish and build a new one on top of it a medium to high-end home.Why?

Finding a company that has a great moat, management, and buy it at a margin of safety, makes stock investing, real investing, not speculation. 

MTR is our play there.Vegas can definitely be a tight market for flipping, with competition driving up prices and squeezing margins.

Keep your costs small right now and after some time you can cash out refi and get your margins up a little monthly to give you some breathing room or put more money into it later down the road to make it "higher end" and stand out to flip for a profit. :) I'd have your pm company go out and tell you what's NEEDED for them to make it rent ready.