I've never worked with a property manager and quite frankly a little terrified of the thought of a total stranger managing a home.

Lastly, here’s some more info from BP on how to avoid these scammers that may give you some additional red flags to watch out for: Tips for Avoiding a Scam on BiggerPocketsNow, on to specific red flags with this lender that you asked about.That mere fact that they reached out to you (a stranger) and offered to do a loan for you (apparently with 100% financing and at an interest rate as low as 5% according to their website) is a red flag. 

I understand if a stranger cost your $500 or $1,000 you’d want to still trust them but if you have others to choose from I’d choose wisely. 

I'm already spending goodwill equity I have with my current tenants by bringing in strangers into their homes during these times. 

You definitely want Syndication or JV if you are dealing with strangers though.

Tour companies have been especially hard-hit because they typically cram a large group of strangers together aboard a bus or a van, a service that’s difficult to adapt to public health guidelines.

The biggest mistake you can make is to ask for and accept legal advice from random strangers on an internet chat board. 

Interior cleanliness seems to take a nose-dive when strangers/friends co-live together (vs. a family renting).

One of my fondest memories pre-pandemic is a conversation my husband and I had with a perfect stranger.

I’ve never worked with this company before and am nervous letting a practically complete stranger have so much power over my funds.Any advice is welcome.