@Ashish Wa You have to be careful with local laws but ESA is definitely a red-flag.

Redfin.com, and Realtor.com are really good for looking at school ratings, for crime you will want to look at the census bureau, or even this website https://www.areavibes.com/orlando-fl/rock+lake/

Kidding aside, there are some red flags here, but not enough info to advise upon.Mike

Usually, if you have a rock star agent they can give you some guidance. 

Some years it might be in the red but I have the means to put money in if it does (though not ideal).Not everybody can do this.

red states in general, FL, TX still have great deals and offer good benefits for landlords.

assuming work completes after closing.In the event of an audit, is it a red flag if we claim an "improvement" after the closing date occurred?   

I've gotten to the point where previous home ownership is a big red flag to me.

This is also a red tagged code violation in almost all cities. 

I mean, most of these people are in a rock and a hard place and need help.