I had a question I'd like to ask to some of the more experienced investors - when looking at a potential property, what are some of the red flags you have/might encounter that make you walk away from the deal?

You owe me a drink (hahaha) which will not make a dent in that $5,000 check (hope you have not spent it all so you can buy me a drink - lol).Seriously, I commend you for your hard work and not being discouraged even when you encountered problems along the way.

Many of my tenants treat me like a credit card, as they all do from what i hear from other local landlords....in other words they are willing to encounter whatever fees accompany paying by waiting until their eviction day.

Obviously, we hope to never encounter any form of legal action but it is best to have the path as clearly defined as possible if we do.  

If property does not have a working kitchen and bathroom they will not mortgage it.Thanks,Joe The case you are encountering is basic cash out guideline that requires a 6 month title seasoning period to cash out.

If you encounter major problems in a real estate deal, don’t clam up!

Originally from Texas (which gets an embarrassingly bad rap), I reel from sticker shock about prices here because in my head SFRs cost 80-150k and for that amount in San Jose, SF, or Oakland I couldn't even afford a nice double wide (ha!).  

Hello BPMy partner is encountering some issues with the HOA at a property he inherited in 2012. 

This is our first investment property and we have never encountered something like this.

This is the first time I have encountered this as the neighborhood is very safe.