A nice fat margin can get very thin, very quickly if anything goes sideways. 

You probably also have an opportunity to trim some fat on your PM fees if you still want to outsource the management because that's heavy.

If you've got a fat stack of cash to work with, you can make all-cash offers on "as-is" properties with a fast closing, no contingencies, and get properties for 75% of market value that way.

Sounds enticing:  buy property after property for .35 on the dollar, quickly flip it to someone else for a fast, fat profit. 

Highs typically range from 87°F at the start of the month to 74°F by the end, with lows cooling between 65°F and 53°F.

Compare the budgets, where is the fat? 

The "Value add" by most wholesalers usually adds up to a big fat zero.

Of course Gene,Your losses offset your gains.You can even carry losses into future years.Please consult with a tax professional though ;)

Think the puck stops with you trying to be some form of leader on here.Self proclaimed "Zen" of Real Estate, give me a fat ****ing break. 

It's called the "greed gene".