Nothing huge, but it did take time.We knew the first year was going to be slim as a new listing but overall it worked out well for us.Our current search has included some basic cosmetic fixers as we are in the same position.

Since a licensed real estate agent listed this, there's a slim chance they'll let you wholesale.

With already slim margins, it's getting tougher.The real estate game is never easy.

Slim profit margin there....

Nowadays it can be pretty slim pickings. 

If you are increasing to market value, the chance of a tenant moving over a 2-3% increase is slim.

As for your 2nd part, agreed on the hard pill to swallow. 

I'm in Madison, WI with pretty high property taxes (around 2% of the value/purchase price) and also think the quick ballpark 45-50% expense ratio is pretty close for operating expenses including reserves, assumed management, taxes, maintenance...At this time with higher interest rates, and continued upward prices, cash flow is pretty slim.   

@Darius OglozaIt would be super cool but my guess is that the big dogs are in there and taking every opportunity they can at slim margins with all the resources to make it happen.

My RE background is slim, so I've now read approximately 783,594 threads here about structuring PM deals, good practice, what to avoid, etc.