What to Stay Away From: Are there any red flags or pitfalls that I should be mindful of when selecting properties to flip? 

The emerald coast is beautiful.

Less red tape & quicker closings but typically the rates and lender fees are higher.

For example the number 4 property is a hilltop modern beauty. amazing views, premium neighborhood. 

Way too many Red Flags and lack of transparency.

Without knowing more details about the specifics of the project being proposed as it relates to your property, it's hard to say if there are any obvious big red flags that could negatively impact your property's future value.That being said, I would try to find out as much information as possible about the new apartment building's design and layout - the two big things I would try to ascertain would be the location of the garage entrances/exits, as well as the location of any outdoor amenity spaces (pools, terraces, dog runs, etc).  

Raleigh is beautiful.

In this day and age, not having a online Prescence and clearly documented track record is just a huge red flag

even suburban submarkets are red hot right now in miami like leisure city, homestead, florida city you can still get infill lots one of the last few places in miami dade county right now. rezoning and variances you can do even better. if you are limited on capital ground up construction and land might be something to consider in miami in these submarkets.

I am a firm believer that Colorado Springs is a great place to invest due to its strong economy, temperate climate, beautiful views and easy access to outdoor activities.The market is starting to show signs of being depressed, meaning that there will be more opportunities for investors to find some great deals.