If I give up the first time something doesn't work my chances of financial independence are pretty slim.

With rates low and demand high for houses deals on fixer uppers are slim , you are competing with end buyers who watch too much HGTV . 

I've found exactly what you are describing above.. 1% rule with slim cash flow if any at all.

I would say it is in that difference (let's say, for example, you're only cash flowing $50-$100 per door, arguably a slim margin) that one can better assess the risk of life events (whether your own, the tenants', or a combination of both) and how they affect your investment(s) as a whole.Those numbers are based on actual properties...I didn't just pull them out of the air to make a point. 

If it is just to have that $100M to say you have it and that's it, theres a slim to none chance that you'll get there.

Once designated, there is a slim to no chance to develop on it (with slim's bags packed). 

Some tax rules and requirements may apply differently.Your profit margin is still slim in flipping, unless you have a pipeline and know how to repair mobiles quickly and inexpensive, or know someone who does.

Those slim deals that people were doing pre-covid are not going to work going forward.

It looks like that may be too slim with the current lending requirements but nonetheless it was definitely worth the relationship building!

That said, the margins are super slim now in this area.