Hi Jonah...Huntsville is such a red hot market right now.

The fact that these questions are being asked is the only red flag needed (for most people).My thought has always been that it's better to have an vacant house than a nightmare house. 

Feel free to email me at [email protected] and I can help you out.That said, spreadsheets go really far.

It was devastating for me at that time. 

I say, that is a great deal for a second.Now, in this real example, the purchase price of $415k and rehab of $16k (that seems terribly low, so red flag for me on this portion), places this at an all-in deal (acquisition plus rehab) of 75%.

As a result, home-buying affordability has fallen to its lowest level since 1985.However, Austin’s red-hot economic engine continues to generate strong employment numbers, making the Austin metro the best job market in Texas and #7 in the US (tied with Nashville), according to WSJ’s recent study:What if I’m a buyer?

Any large deposits into that account will be a red flag.

If the lender says that the buyer needs $8k to close, that's a huge red flag; if the budget is this tied, the deal can fall through, with other small things coming up in the future in this transaction.

Is there hope for anything with meat on the bones right now?

However, the presence of personal items like clothes, a suitcase, and a pot on the stove inside the RV raised red flags.