They admitted it was after a drunk driving incident, which at the time was a major red flag but I let it slide. 

If you want to go down a deep dark rabbit hole, and I don't want to get outside the scope of BiggerPockets, but look into "15 minute cities".

With a warranty, there is red tape and delay in getting a repair made.With a vacation rental, your first priority is an immediate repair, to preserve guest satisfaction and the rental. 

This week the FED outshined expectations and instead of a .25 basis point reduction they cut it by .50% which is huge for home buyers! We are off to the races and it’s now or never to find a home and put in an offer....

As such, one of the things I enjoy doing is doing deep due diligence on deals and sharing those deals that pass with everyone to make it easier to take that first step.

-If I move money from my homes equity into the business account, will that red flag? 

Building up funds, fostering relationships, and learning skills takes YEARS.I think you have a great mindset and are asking the right questions, but take a deep breath and enjoy being young.

His estimate is 2-4 Months.The red flags from me are:1.

You'll probably want to do some more digging on these tenants before accepting them.6 adults and 4 kids in a 4/2 home is a red flag itself.

But the red tape and the inability to scale due to the way mobiles are purchased and then not having boots on the ground where I was targeting were just too many obstacles to overcome in terms of risk.But the numbers were there.