That was almost a gut but I have a 3/2 lined up and has decent bones and I’m still projecting 25k in repairs.

It was dry as a bone when I looked the house over. 

He gets his full price (feeds ego) and you get some meat on the bone for you.

If it has meat on the bones for them to make a nice profit( depends on the profit criteria) then they will give you a shot. #1 make sure you have a deal worth having #2 market the deal to REIA's and other places until you find a interested buyer.even if you dont find one for that property in 6months(and the contract falls through after 6 months) you would have gained a lot of knowledge and connections that could help further your goals and career in the business.

Would be nice if your share the info (address, auction site, etc) with the new guys and maybe throw them a bone.

With 4 people, risk is spread and there's enough meat on the bone if we buy deals right.

In fact, it's standard to "leave meat on the bone" for the next buyer, so they deliberately will not complete every possible improvement to the property, and then the property can be marketed as such to the next buyer, along the lines of "25 units have been upgraded and the rents are $50 higher.

You can get the LOC secured (but not withdraw) and be real picky about finding a property with meat on the bone. 

I obviously have some healthy competition, however i have an abundance mindset and i know there is still some meat left on the bone. 

Wholesalers that leave meat in the bone for the flipper are very scarce these days.