When little fish swim with the sharks, the sharks usually win.  

@David S. lots of "epic cash cows" in Everett!

This place is a competitive shark tank, margins are razor thin, and price appreciation has been insane since the crisis.

It’s a dying market, reo’s are about 10% the volume of what they were with s lot of REO agents.

Whereas I see other people, especially newer investors, that are so anxious to find a deal that they are willing to cut their margins razor thin like this.

I have been using Clock Shark for about 2 years in my restoration business and have been very happy with it.

I'm finding that listed properties have razor thin margins at best, but are usually bad deals.

Not to scare you off, just be realistic about diving into water where there could be sharks swimming close by.It could take 4-9+ months to set up a deal like this, but if you are persistent and keep with it you'll acquire 1/2 of a property that comes with equity and positive cash flow.

There is definitely value in education and there is a reason that even the Sharks on Shark Tank that don’t have degrees, place value in what an education can provide.

For example, if you are selling a house with an ARV of $10M, you will probably do okay if you go above 70%; and on the flip side, if you are selling a house with an ARV of $25K, I would probably advise that you don't want a razor thin 30% (or $7.5K) to pay off all of your other expenses (outside of fixing the home) and feel good about walking away with a profit.