I took the chart that you put, and circled in RED, the many real estate cycles that I saw.

The blue and red real glossy stuff, again from my distributor is for only hot and cold applications not for heating and has no additional barriers.

That's a red flag.Let the buyer do whatever they want but YOU should use an attorney or an agent and protect yourself.

I am from Paterson, i don't want to invest here but worst case i might if I can get it cheap/ now i know the supply is limited i understand that but i wouldn't want to overpay for a property cause you will be in the red already. cash flow is more important to me, i will form an LLC when buying the property. with high taxes will buying a property here to house hack make sense still?

“Red tagged” as a hazard.

Any red flags?

I think this will be a big pro for her knowing that the capital gains will be minimized over the course of the loan and not passed on to her daughter after she passes.If you think of any other red flags that a new investor may overlook - I am all ears. 

Statistically, you're more likely to deal with evictions (people that are one bad flu away from missing rent just can't be as consistent as people with more money, sadly), and the Section 8 program is loaded with red tape, inscrutable changes, and general headaches.

You are required to hire a 203k consultant which in theory should be beneficial but in reality it is alot of handholding and red tape.

Today, the LV market is red hot as compared to 7 months ago only hot.