When it is a primary residence you can have more red tape.

When you understand the roots of the right, you understand that judicial redemption rights never come into existence if the investor takes possession fairly quickly after gaining the tax certificate.

Fly out there with a red and green highlighter.

But, this is an amazing learning experience for me, to get into the roots of the divorce properties. 

In today's lesson we learn that cheap is not always cheap....But on serious note if everyone comes in say 15k and this guy comes in with half that and same scope of work....red flag.Let's be real, everyone only working to make money some how...

Are there some red flags which I need to ask or check for in evaluating the application?

Pat, that would be a red flag for a note investor.. although you could try it and list it on FCI exchange for instance and see what happens.

Now if there are other red flags, then maybe not. 

I did some research on the 203k and so far it seems like more red tape to maneuver through, however I haven't ruled it out as an option. 

I thought I was relocating to Redding, but jobs took longer than expected.