. ($3936 for the year)- Pay the monthly mortgage obligation: -$3380/mo.So for Year 2, that leaves me with a net cash flow of $23/mo.In order for the deal to work, I'd have to be slim on my reserves (only reserving $369/mo.) and have to find a nimble PM company (for 8% or less of monthly rent).

the chance of a foreigner getting sued is pretty slim.. they may get named but pretty difficult to chase them to other countries.. it would be prohibitive in costs.that is one of the reasons foreigners have such a hard time borrowing money in the states the banks know they are in reality simply equity based.

It's slim pickin's for inventory like most places right now.

One of the reasons that we are seeing all the financial changes, especially in seller financed notes, is that many were originated where the borrower had a slim chance of performance.

Suddenly this deal is less attractive to me.My take home pay is slightly more than $3,000 and I borrow HELOC from my mother as down payment and rehab cost;  Keeping the deal will drain my bank account without emergency money, and the potential equity gain is slim. 

And trust me we have called around for previous project and the local picking are slim.

In my opinion, both companies cater to rehabbers who are willing to work on very slim margins.

It's slim margins here, but I think the market is slowing here (and that was happening before the Coronavirus).

How ever many deals I can find... the deal pickin's is slim right now...

I still look at the mls but it’s slim pickings.Good Luck.