-It rained, and the water from the rain stayed on the roof, up until 5 inches deep in some places.

He has suggested that this may be more of a red flag to the IRS.

Just want to be careful on which broker/lender you use because some of them have a prepayment requirement and try to stick you with a 3-5 year prepay.There is also a 40 year I/O interest only but its only fixed for the first (10) years.Make sure you know how many months reserves they require before you get to deep into paying for the appraisal and then find out the deal is cancelled in underwriting.

Hi,Listening to some of the podcasts and reading the blog, I keep feeling this inner red flag that keeps popping up in me.  

Google SEO test is showing the results of a survey on your website:Google is thinking your website is in the red SEO zone.

Dialing in on a neighborhood and then doing a deep dive would help you to get a better feel.

First, learn about ways to make money last, set your aims, grasp house hacking, check if you're ready money-wise, do deep market checks, make friends with local home investors, agents, lenders, and those who manage properties, go deep into property details, and get to know the local home laws well.

Wouldn't recommend that, loss runs will just run your rates up and you will be paying more and instantly show red flags to your new carrier 

I'm located in the Grand Rapids, Michigan area and am open to properties basically anywhere in southern Michigan (anything south of Muskegon from Lake Michigan to Lake Huron is fair game imo.)I now have a fairly large nest egg of cash beyond all of my other investments (stocks, bonds, treasuries, crypto) and I want to turn that cash into a real estate investment or investments and I think my deep background in tech, systems, and marketing should be able to help me substantially.It seems to me like BRRRR on multifamily units makes the most sense, but I'm open to suggestions.I'm basically retired at this point as the only work I do each week is 3-4 hours of consulting for larger tech companies and I'm on a couple advisory boards.What are the best first steps in building a team and creating the systems necessary to start making deals?

One potential red flag : allowing seller to make repairs.