In order for me to move back, you would have to a) lower the COL so that I could really make money, and b) turn the state Red again.....both of which are unlikely, but I appreciate the offer!

., I understand your situation, but everything you have stated is a huge red flag.

Just joined this forum last week and finding it super insightful.My offer on a home just got accepted last night and was looking for any advice from seasoned investors - I have 10 days from now to do an inspection and finalize everything so I wanted to ask if there were any red flags before I go all in.The home is 190k, 7.5% interest rate, 30 year mortage. 

Is anyone a member or participates in the events hosted by the Red Stick Real Estate Investors Group?

I have about 60K in Heloc money I could use to purchase land lot in the Red River Gorge of Campton KY, pay that land off with the heloc, then use that paid off land to secure a construction loan from the bank or PM lender for a new ground up build.

I recommend attending the next Red Stick REIA meetup in BR if don't already do so.

If it is a condo and they all point to how the amenities are not kept up it could be a red flag. 

Not sure if you borrow that capital through a private lender to pay off the original mortgage, as some underwriters want to see where the funds are coming from and if that would raise a red flag?  

On that note, do you have any red flags when onboarding a new client that make you reconsider accepting them as your client?

If the distribution will merely be return of other LP's capital, that's a red flag.