I’m sure they exist somewhere, but the vast majority of small businesses just don’t generate the income nor the margins to hire the quality of people nor the specialized skills needed to produce without the involvement of the owner willing to wear many different hats, pick up the slack where needed, and work the hours necessary to make the business a success. 

However they haven't had any other offers and it has been on the market for roughly 70 days.At the accepted offer rate our mortgage would estimated be:Year 1 - $5231Year 2 - $5750Year 3-30 - $6292Each of the 3 units would rent for an estimated 2-2.5k totaling roughly 6k-7500 per month in income depending on what we can rent each unit for.So with all that being said, conservative numbers the triplex would cashflow roughly 1k per month assuming we don't live in it and have all 3 Units rented.That seems like razor thin margins, especially when factoring in expenses so my question is:What is the cash on cash net return per month you would look for in a triplex deal like this?

I should also add that these loans are all full doc unlike the past.Basically, if we're able to find properties that satisfy this strategy, we can sell them as-is for about the same margins as if we did the work.  

Not to scare you - but we made one mistake on a flip - replacing old wooden windows instead of rebuilding them - and it ended up costing us $50,000 to our $175,000 profit margin.  

There were a few non-performing ads that I turned off which has increased my profit margin. 

I no longer do it but the old group and that LLC is still alive and well doing it.. margins are just too thin for my taste.Closest to that would be to hold yourself out as a foreclosure service whereby you chase down all the deals do title and bid for the money people and take a fee.. this is quite an industry in PHX and other markets like Atlanta.. 

Cash, developer financing, gaining citizenship, using a margin loan from an investment account or a heloc on your primary in the US, seller financing, etc. are usually the best options as bank financing with attractive rates and terms usually isn't available like we're used to in the US.

We do this to make money. the margins on this property are tight.  

Does anybody have any insight on there current margins for starter home specs? 

I would also consult with a CPA, as Katie pointed out there are specific tax law changes coming up which would be good to know about.I would also assess which properties you consider "good" rentals and if their are any "not-good" or "marginal" rentals.