@Jason Lawrence Actally, I think your numbers are all low.

Are banks lending on home prices this low in not so nice neighborhoods?

Wholesaling is mostly like any other market with a low barrier to entry: it's filled with people who have no skin in the game. is it possible?

What matters most is the money saved on housing expense, the low downpayment and great mortgage rate for an MF due to owner occupancy advantage, and learning to property manage.

You have no management expense and the property tax seems a bit low at around $1,500 per year but I don't know where it is so it could be normal. 

There are supposedly low cost loans and grants for home improvements.

Low their rents slightly to fix small issues.

Granted, we have seen a nice rally from the low in 2012, but we have only made up what we had lost before - in many cases I see 2017 sales at the same price the home sold last in 2007.

Some of their costs are absurdly low, rest are absurdly high.

Also, don't be afraid to lob a low-ball offer, and explain that you can't come up unless you have more info.If you like the real estate, just get it under contract.