Too slim of a margin in my mind…

That feels really slim for 3+ months of work, swinging hammers myself, and hiring contractors for the specialty jobs. 

The court will be watching for "equity stripping", that is, selling for below fair market value which usually is established by a broker or appraiser.So I’m essence my chances are slim to none 

It is going to be hard to find a HELOC on a rental home, but losing that interest rate for something WAY above 6% is a tough pill to swallow. 

Not yet, just the spread between buyer's offer and seller's expectation is slimming down, so I do expect to see more realistic purchases soon.

My question is if I go ahead and post the numbers, can I get a little reassurance that even though this is a slim deal for profit in the end that a deal is better than no deal and I just want to be sure I am correct on the numbers so I don't hurt nobody I don't screw nobody over and I'm completely upfront and honest about the whole thing Also if I may have missed something someone can suggest it but going through the pocket calculator it looks sound and good to me....located in Kimberly Idaho 83341eight bedroom soon to be four bath house monstrosityMLS listing price 400kMy purchase price 360kestimated ARV confirmed by local bigger pockets member Jeremy Orton of Keller Williams real estate and 15 years of agent experience, between 490k and up to possibly 520kestimated ballpark rehab because the house is only 80% done and I have a video walkthrough to share if anyone would like to see it and some of the materials to complete it is already there on site in the house, Maybe 50k in rehabagents commission $29,400closing costs $1691.92 from agentHolding cost is $7,500 for 3 months accounting for electricity water property taxes, insurance etcI'm asking $378,400 flipper profit is somewhere between 20 grand and possibly 49 grand.I'm open to any and all suggestions and I'll look forward to hearing your feedback I have until August 29th to get this taken care of and sold to a flipper and I do have a back end buyer lined up I'm just waiting on a return call or text from him but I'll always want to have a backup b or c plan exit strategy.thank you and I will be in touch.

I will take a 50k profit over a 70k profit if it means that I don't have to chase money and 2 bottles of headache pills or fight every change order or explain why the change order occurred.

You are right, the chance to find a property in California that fit in the calculation you learn from BP is very slim.

Coming from me this is a bit ironic because I am always full-throttle 3-4 things going on at once but looking back I would have benefited by taking a chill-pill and focusing more. 

That doesn't take up to much time for the so called slim pickings.The same pool of buyers Russell refers to are often very busy land lording and rehabbing.