And I think this is where the Midwest starts to stand out from red-haired step child of past decades to looking pretty good now.

Are there any red flags I should be aware of, such as the vacancy expense or NNN costs?

We just went through it with a property that had multiple large red stains.

They had completely covered the outside wall with red brick and added a garage.

Basically if someone is offering to pay 12 months in advance there are a lot of red flags that go up. 

Other things that are red flags for me: Their bios don't even mention how long they've been managing other people's money. 

I am a firm believer in "What goes 'around...comes around" and I wish no calamity on Clayton Morris and wife Natali Morris, Larry Blessman, Nicole Meckley, Linzi Del Conti,Kate Federico (All directly connected to Morris Invest and party to this transaction).Last but by no means, certainly not least, and likely a major player in this SCAM Herb Whaley and allegedly his wife Natalie Bastin at OceanPointe Properties in Indianapolis, Indiana.And Hope against Hope, Clayton Morris could save his reputation not by hiding from his responsibility behind his LLCs , but make everyone he has harmed whole again for those who deserve to be recompensed for the harm done to them.

I recently had a conversation with my lender and mentioned I would be purchasing a property as my primary residence.  I would live there while fixing it up then renting it out in a year.  She cautioned I need to be ca...

Within the IRS technical audit guide they specifically highlight being several hundred miles away from the property as a potential red flag. 

Seems that way in the business of Land Flipping...which is a red flag in my eyes...maybe it's not a part of the real estate sector I need to get into.