@Chandra Minter offering seller financing in this stage of the market cycle (when assets sell easily) is a red flag.

However, housing WHERE you want it, HOW you want it, and at a price YOU want to pay, well that's goes far beyond a "right".There have been many many solutions presented to improve housing affordability, like revamping our asinine building codes, reducing the cost of litigation, rewriting insanely punitive legislation such as the CRLTO, providing tax credits or reducing taxes, and increasing subsidies while reducing the red-tape associated with using those subsidies.

I was thinking that would throw up a red flag somewhere.

I had a few people who balked at paying $40 for the application fee, but IMHO I think it's a red flag if someone doesn't want to pay for a background check.

The idea behind BRRR is that you finish the rehab and you are ready to rent the place out and move into a cheaper/longer term loan product immediately and then on to the next deal. 203k loans, in addition to the extra red tape and requirements like using a licensed GC to do the work, have 2 major caveats: the property has to be livable and it has to be owner occupied.

If they're not, walk away because that's a red flag.5.

While guests should know it is a duplex, and for some, they might want to rent both units, (your numbers will answer that) your title does not need to be a red flag.

(I'm originally from Redding, CA and due to the fires, etc.

Bob, everything your listed is a red flag, people should watch out to.I don't know you personally, but you don't have any references to a brokerage of your PM company, you're trying to tell OOS investors that East Cleveland is OK to invest when it's clearly danger zone.I'm not trying to be cool - just warn people to be more careful what broker to affiliate with.Do you care to share the name of your broker who would manage properties in East Cleveland?

I decided that I'd like to search for a seasoned/experienced wholesaler who is looking to teach someone to birddog for them; as in what to look for in a deal, what red flags to avoid, how the local market works, etc.