There are many red flags here.Your borrower started out in financial trouble and you want to loan him money?

However, if the number is right, there should be some meat on the bone for your cash buyer to flip.

BP is very strict about political talk, so we have to be careful with the red vs. blue discussions.

We got SUPER lucky every step of the way but I knew it was luck saving us from the red.

If you found a property management company who didn't have one of these that'd be the real red flag.

This will be very much a red state versus blue state ordeal.And this will definitely be something all us property owners will vet for when we invest in real estate.

Surely this has to be a red flag?

To cut to the meat of your story:1.

In looking at the allegations I'd say the primary red flag is the use of the word "guaranteed" when discussing returns.

My main concerns about Florida include: Chinese Drywall (very toxic; found in older homes); HOA Restrictions; Lots of people/crowds; sinkholes (properties sinking into the ground); Red tide (dead fish found on beaches due to algae bloom); Homeowners Insurance costs (w/older roofs); Mold; Hurricanes/Flooding , New construction (not always built to quality)... these are the most common issues found in the Florida market.What zip codes would you recommend for a single family investment property under 300k to mitigate these concerns?