Nothing against you but, after everybody is on the site long enough as Ryan Dossey yes, I know this is the kinda BS that makes my blood boil.

Yes the margins are thinner compared to previously for sure. 

If, for example you are hit by an 18 wheeler you can sue the driver and/or the company he works for and generally people elect to sue the company as it has more money while ignoring the driver entirely as ‘you can’t get blood from a stone’.

I think I am going to hold off a least for a little on the county auctions, seems too dark for my blood right now.

This is what it saysIn the definition section of the Code of Ordinances, the definition of family is as follows: “One or more persons related by blood, adoption, or marriage, or not more than two (2) unrelated persons living and cooking together as a single housekeeping unit.” 

Can margins even get thinner than they are right now?

Just to say that you've never done it, inventory is getting thinner, competition for remaining flip deals is higher, margins thinner, and you're not paying cash to get a great deal - but you're also not putting your partner's money and credit at risk?

If any of that changes there will be blood in the streets of the rental market in Denver. 

Your 10% is probably closer than the 5% you idenified, the other 5% taken by eviction expenses and collection losses.Getting blood out of a turnip will vary with each landlord's ability to deal with people, how tenants are selected as well as economic conditions in a local area.

The threads on the old galvanized fittings are thinner than the pipe wall and are prone to rusting out.