For newer investors: unless all leases were M-to-M, and all were raised on day 1 the numbers that some sponsors put in Y1 totals (vs T3/T12) can occasionally raise an eyebrow.

I was just worried that a random section in the middle of the basement of copper to PEX back to copper, or maybe to the water heater, would raise some eyebrows. 

We’ve noticed that three of the homes that have sold for comparable prices have been purchased by an older Asian gentleman who has come in and done minor rehab, and then rented out to what appears to be section 8 customers which has raised some eyebrows in our little community, but has put us in the mindset of that being a possible direction to go.  

Say a Contractor is starting up and before he lands his first project, he purchases a truck, tools, gets a crew together, etc...of course he gets to write all these off.Or do what @Christopher Smith said.A by-the-book accountant (which most are) might raise their eyebrows but we all do it anyway....

if yes, do they plan to continue living in the house.Personally, I think its a ****** idea.You can't get into real estate on your own and you would be asking for an approximate $100,000 loan from your parents.If there are siblings involved, they may give you the raised eyebrow on what you are doing with potentially their inheritance.

like squirrels, they can sit on an eyebrow area and just continue to scratch at a spot until they make a hole. 

That will surely raise some eyebrows at the IRS and you both may incur some serious tax issues. 

The neighbors rallied around me when I was screening tenants - they'd stand across the street and wiggle their eyebrows or draw knives across their throats at all the bad ones, ha.Atlanta is a fascinating and diverse place to invest in.

CAP rates have continued to drop this past year, and I agree that a 3-4% CAP on the coasts raises eyebrows, we still are seeing 5-7% cap rates in the Midwest for large MF.

Some things that have come up as strategies have made me raise an eyebrow (e.g.