From being warrantable or not, to dealing with HOA red tape, and trying to get a hold of the condo PM, huh, good luck. 

For example, one steady red flag I've noticed is if the tenant tries to overly sell themselves almost with a rehearsed pitch before you even start asking questions especially. 

Its tough living in a construction zone but it can also offer you both an investment, education and place to live for the time it takes to complete the renovations.I actually started by using private money (people I knew who had money) and used them as lending partners.

Specifically im pulling data on SFH\MF and lots owned for 10+ years, with 35%+ equity in T4,T5,T6 zoned areas with 5k-40k sf lots, especially if they are run down or outdated. 

No, of course not - many red regions will outperform blue ones over the long-term.

Hi Lance,Based on your query and the information provided, here's some guidance on renting out a primary residence and an ADU in Georgia:Legality and Zoning: ADUs are legal in many parts of Georgia, but regulations vary by location.

The only thing I'll warn you is with SLC cracking down on short-term rentals, demand for the property could depend on how its zoned (e.g., does zoning allow for short-term rental use or would a future owner be at risk of it getting shut down by the city).

Is the unit legal on the zoning cert? 

I have the opportunity to purchase 16 lots that are zoned for Duplexes.

Does this raise any red flags for the mortgage company?