Be very careful as a remote transaction raises a lot of red flags.ThxChris

Sounds like a few red flags to me, no keys to house and they are telling you that you may not be able to inspect the house. ??

im a new up and coming investor who lives in the bay area 28 years old i have been studying for almost a year now and im very eager to partner up and make some deals feel free to contact me at

OFF shore bad english etc etc all HUGE RED FLAGS Caveat Emptor 

So would a lender.The big question though is, if I bought the place then hired someone to both reposition AND manage the place, would there be any "meat left on the bone" to be profitable?

Even though I love cats and have 2 of my own, the tenant disobeying your rules like this is a big red flag.

Real estate investing 101.Hard money lenders usually lend 65-75% of the project cost, charge 12-14% and 2 points for origination. 12% fees is a huge red flag, the only you'll get from "Midwest Corporate Credit" is an ulcer from the stress of losing $7,200.Raising $60,000 isn't too difficult, if you talk with friends and family and maybe a real estate attorney or two you should be able to raise it.

Is that normal, or does that wave a red flag?

They're not exactly illegal, but you subject yourself to steep fines if not done precisely according to the fine print in the law.After reading the fine print, I decided it wasn't worth it for me...at least not in TX.I like and use ARC Law firm in Colleyville.  

Due to my business strategy,  I am in the red year over year and managing property is my only job.