The only slight red flag was that they only accepted payment via Venmo or wire transfer, but that's how I accepted payment when I was selling lead bundles, so I still thought it was worth a shot.

Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.

And are there any big red flags that make you walk away from a deal right away?

Knowingly buying into the red just because of financing terms is a very unhealthy way to invest.

It was the right decision for me at the time to have it be an LTR, but it's a PITA restoring it.

Thus, purchasing an app/program that provides thousands of buyers might look impressive, but maybe not for me at this point, but would be something possibly to tap into if I go virtual wholesale?? 

It will happen in red AND blue states.Why?

We've only had one resident fail to pay rent, and it was someone who had all the usual red flags, but she also had a sick kid. 

Great question Todd, first red flag is asking for full payment upfront.

I would be so deep in the red.