Too many sales a red flag?

[David S.]

A property popped up on the MLS that I'm interested in, but I'm seeing what I think is a red flag. In the past 15 years, it has sold 7 times, not counting 2 foreclosures. It's a duplex in Minneapolis, so easily rentable.

Would this be a red flag to you? Anyone have a guess as to why so many sales may have happened? 

[Geoffrey Hoffman]

Where are you seeing the past sales info and are you sure it's accurate?  Websites like Zillow and even county records will sometimes show a "sale" anytime title transfers or for other reasons.  It could be 

1. An Actual Sale 

2. Individual transferring into LLC

3. Co-owners, one passes away

4. Owner refinances

5. Owner takes out a HELOC