I gave it a pretty slim shot on getting this deal, but I woke up this morning to an email from the seller's agent agreeing to my terms!

I did not list the traditional way because of the slim profit margin.So here's where I need some good analysis: Being an optimist, I look at this as I paid 250.00 and made 4,000, subject to short-term capital gains and in the process I learned A LOT.What do you see?

The likely hood that you will see another dime from this tenant is very slim at this point.You need to proceed with the eviction now.  

That's a slim margin if there is rehab needed for those homes.I figured as much.

Keep in mind that with verbal promises your chances of winning are slim 

If you ask around you might find out that statistically the chances of that actually happening are extremely slim ;) .

I'm sure there's the occasional lucky one who scores some prescription drugs or a bottle of Jack Daniels, but most of the looters are running out of the stores with boxes of tampons and slim jims.  

I don't  want to make my margin so slim and spend 2 months of work and risk for 3K profit. :)

Slim pickings in my area, the best deals don't hit the MLS in this tight knit small community.Thanks so much for your thoughts!

It will be a 6 step mailing (at least) and from what I read on BP the response rate may be extremely slim.