.), RE costs on the front and back end, possible value loss duirng hold time, possible necessity to fire sale below the $350k, etc.

If you want to succeed in this business, then sacrifice is a necessity. 

Necessity is shown only when the state's objectives could not have been achieved through less dramatic modifications of the contract; reasonableness is a function of the extent to which alteration of the contract was prompted by circumstances unforeseen at the time of its formation.

Account Closed     You made an interesting comment: "...most people think profiting off of a basic necessity is immoral..." which raises so many questions! 

For most people property management is a luxury, not a necessity.

Finding a good contractor is hard and unfortunately a necessity in this business to get the work done.

I have found the wholesaling in California to be thin or well picked over so I have become a virtual wholesaler more by necessity than design.

Josh,I am not in any phase where marketing my website is a necessity, however, in the past, it was and I always wanted to get such a service.

can we get an idea of how much (%) you're spending on necessities and how much on the extra stuff?

Those are the ones the typical investor wants and so does the typical buyer on the retail market and since there is a demand for that product, my supply will be absorbed by buyers on the open market without the necessity to discount them.