I am pretty much expecting red tape but hoping to be surprised. 

@Brittney Yang first red flag is it doesn’t sound like he’s that interested in long term holds but the primary reason for partnership is expertise in renovation and secondary reason is balance sheet and income to help get financing.Regarding reason one, I would offer to compensate him for his time in assisting you and have a very clear scope of what that responsibility is.  

From a legal standpoint, sure, it's not much different other than the paperwork and govt red tape.

Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.

*Any red flags unique to the Pittsburgh market.I’m also hoping to connect with fellow investors, agents, or property managers who are familiar with the local market.

Verify employment and call previous landlords to avoid tenants with red flags.Rent Setting: Research comparable rentals in your neighborhood to ensure your rent is competitive.Use Technology: RentRedi is a great choice.

I received a banned message in red. could you help me @Mindy Jensen .  

Are there any unique considerations or red flags you look for compared to the traditional rental process?

The benefit is significantly less red tape compared to working with your traditional local banks who also do new construction financing.

The PMC I left to start my own PMC had at least 2 "preferred contractors" related to key players in the office so high rates and poor service fell on deaf ears.