Otherwise, skimming rents can get slim and it would take many deals to really earn a living and you usually take alot of risk for what you get.

My market (San Diego) is extremely hot and the seller knows he can get what he is asking for his property but had it on the market for a while, fell out of escrow and his contract with realtor expired.I think the margins will be so slim that it probably won't fly for a wholesale flip BUT how do I know what will work for a buy and hold investor?

I would have a case of the nerves too on a deal with a slim margin that needs some pretty significant repairs.

There are slim pickings up here in Nor Cal!

To emit seems like there is a big profit margin but again my knowledge is slim.

I am new and my knowledge is slim but I really want this.

Slim margins and rental increases on a 2/1.

In case we are close then when I see the property I can decide if it's inline with my numbers or if I'm willing to slim my margin or have to walk away if there's too much work to get to ARV.

If there is a sale date assigned the chances of completing a DIL are slim to none.In regards to your post:Originally posted by "EricFoster":...

Update: the seller just responded and would accept $23,000 cash offer which helps, but still slim margins of cashflow.