Margins are getting squeezed.

Bottom line:  Your margins should be able to withstand a $10K error that would cover mechanicals.  

It may be a nice property but I'm trying to figure out how you can make any kind of margin on it, not to mention your buyer.

I would like to wholesale the property but don't know if $157,000 would be a good price to resell it to leave enough profit margin for end-buyer. 

The margins are too tight for the amount of risk and work. 

From my understanding however your market is tight in margins and lots of competition.

While I operate on smaller margins, I find that my demographic has smaller expenses.

It's sometimes defeating to watch these shows on tv in California where the profit margins seem so much larger.

The sister needs to be within those margins.

Other factors to consider:your personal marginal income tax bracket;how you hold your Canadian assets (i.e. if you have Canadian real estate, do you hold it directly or in a CCPC);your mid- to long-term plans in the U.S.A. market (are you planning to reinvest your earnings to buy more property);From a currency perspective, every time you exchange currency, someone else gets paid - how much depends on how/where you convert your currency (i.e. at your bank branch, via an FX exchange, etc.).