I 'm interested in buying something turnkey but seems like slim pickens and hefty prices.

However, the chances are slim.

I have not found anything but very slim deals in my area for quite a while.   

So while immediate cash flow might be relatively slim, its relatively likely that in the short-medium term you can triple your initial down payment investment once rates begin to drop. 

So even though it's not a terrible deal necessarily, it's probably a deal I should walk away from because margins are simply too slim and leaves no room for any issues like a new furnace, AC breakdowns etc..   

Deal flow is slim right now and many people are trying to get into the same space.

., Slim Jim's and yes, HOMES, got eviscerated to zero.

there are companies in Oregon and Washington that do this.. you need 20% of your own cash up front and of course the bids out this way start at 200k generally and go to millions.so 40k in cash then they charge you a fee for winning the bid then they charge you hard money rates.end of the day.. slim margins for you the flipper and the HML kills it..

@Chris MarshallLike the others, this seems very slim. have you analyzed the numbers on the buildings individually?

Sometimes white lies when negotiating are okay such as "Oh this one is gonna be slim for me" or things like that.