If you reduce your profit to 15k - you would have profited about 22-30k using the 70% formula - you might be able to go to 102-110k on your offer.However, a 15k profit is a very slim margin, imho ... too many things can go wrong in a rehab that can eat into that in a hurry.

If the location is habitable by humans, then I'm open to invest.My second filter is that I personally need to be able to visit.That means zero Muslim countries because they don't accept Jews, especially Jews who have an Israeli stamp on their passport.The third filter would be that it must be in an area that I can conduct reasonable amounts of research on from my computer, so if there are no English resources for me to research, then the odds of buying are slim to none.I have properties on both coasts of the US, but nothing international yet.

Given the demand in an area like West Hollywood, the chances that someone will take pennies on the dollar is slim.

The picking is getting slim, the days on the market are short, and everyone and their uncle is trying to get in on the action...

I bought my Uptown Duplex for much less... 126K.Unfortunately, pickings are slim in that market today.

Connections in San Antonio are pretty slim, so if you have any plumbers/electricians/handymen in the area, that would be greatly appreciated! 

The profit seems to be pretty slim if I go this route. 

Looks to me like this deal might be a bit on the slim side, but you will have to make that determination.

I kept an open mind and continued to plow forward when the picking was slim, and it has paid huge dividend.

slim pickings at 30k.