(Pickings seem to be slim though.)

If you bought a PROGRAM the chances of success are slim and none and none just left the building. 

Margins are very slim these days, you'll have a hell of a time finding something with enough meat on the bone to fill you & your HML.

The tax sale game is quite competitive and therefore margins are slim.

(assuming the tenants were not forced out) I'm guessing based upon NYC, if its rent controlled your chances of finding a vacant building is slim.  

The same can be said for South Wedge, but these spots seem to have slim pickings in terms of deals right now.Simply put my observance is that right now only the only good deals are arguably class D neighborhoods. 

It has to be looked at on a macro level which is why it's a slim to none degree of people who will argue Capitol Height's as being a mass appreciation play...….

One thing I would like to note: I have taken the abusers to court for non-payment of rent, and chances to recover those rents are slim to none.

There is a slim chance any legal action could be taken against you, but that would only occur if the seller sold the property for less than your offer, and in general is very rare.That being said, you are entering the arena where an attorney may need to get involved. 

Good old New England, expensive to live and profits can be slim.