I'm deep into the month.

You have to have deep pockets if you want to continually shut someone out.

As stated above, you may very well be in deep poo poo so don't make it worse trying to get legal advice from non-attorney types on this site who have not read your agreement, and probably would run from it if they had.

Eventually everybody backed off interstate is some deep for the truckers to make a U-turn on the interstate.

We also look at deals from other geographies, again on an ad hoc basis...especially if these deals are being brought by smart folks we know or have some existing relationships and the deals have some deep value add component.  

Does this approach raise any red flags for anyone? 

Water service pipe shall be installed not less than 12 inches (305 mm) deep and not less than 6 inches (152 mm) below the frost line.

Talk to an accountant before moving that $ though, there is some red tape to consider.  

What are the primary red flags I should be keeping an eye out for?

I do work with Section-8 tenants and okay with lower-mid class areas but for sure want to avoid any c-class tenant and issues related to that.I would appreciate BP members views on these areas and if there are and red flags.Please share your views, experience and thoughts....Thanks!