Or the kitchen cabinets bright red?

Its since sold and whomever is rehabbing it is making it look really nice, but I seriously wonder WTF was going on in that one "dark red" bedroom, like there was a cigarette smoking competition going on for the last 10 years. 

@Ryan Carr keep rocking the honesty and you'll attract the right clients:)

That's the red flag for me.

What are some red flags to watch for when interviewing Property Managers?

As for your negative cash flow situation, being in the red 900/month is not a good place to be in, especially considering an emergency can happen at any time.

Be suspicious of these red flags: any last minute changes just before closing, anything sent via email, anyone insisting on using their own title company or notary, any title company or notary that your closer/agent hasn't used before.

Rock star luxury awaits!

Watch out for fine print that requires an additional fee at closing - this is a huge red flag and how most flat fee companies make money.

If you can swing hiring a PM without putting you in the red on cash flow even better.