The investors have been very difficult to work with from the very beginning with grinding us down on our prices to a very very slim profit margin (almost making the job not worth taking but we got so far in deep we accepted any way).We originally asked for a 50% deposit prior to work starting as we have never worked with this particular investor and then we would collect the remaining balance once work has been completed.They had two other bids but decided to go with us because of the quality of our work as showcased in the portfolio we presented to them.Well, they managed to get us down to 25% of deposit (initially they asked for 10%).

If you are in for 170+50=220 and you sell for 250-5%=237, then you take closing costs and carrying costs into account your window is slim.

This is way to slim of a margin to take this risk on, I personally don't see much opportunity for profit on this one

It is more logical to assume like minded investors will price the loan the same therefore the margin is slim to nonexistent.  

Brooklyn and Queens the pickings are very slim to none.

There may be some nicer 4plex neighborhoods out there, but it might be a slim shot.

Foreclosure is a nice option but then the lender is tipped off and if they foreclose quickly your chance of recovering rent through receivership is slim.

We eventually sold after a year at a very slim profit, AFTER putting in 40k of improvements (new h2o heater, AC units, roof, etc). 

I have the contact written, just debating on submitting, I was told the was a smaller one sold nearby for 250k so that's a slim margin.

Chance of collection is slim, there probably isn't any money to get, but effort needed is small too.