You can find some diamonds in the rough don't get me wrong but if you aren't experienced enough to see red flags in the property/ transaction they can be costly. 4.

They give no official closing documents, just internal documents that I'm guessing are fraudulent. 170% profit in two years is a HUGE red flag🤯 

Ask me any questions you may have about The Red.

I compare that to the trulia crime map and stay away from the red areas.  

It wasn’t teh flashiest deal, but it’s been rock-solid through rising rates and market swings.

For anyone considering this, it’s probably worth consulting with a local land-use attorney or planner to navigate the specifics and make sure you’re maximizing the opportunity without running into red tape.

You will always get more money listing it but sometimes it takes a bit longer wind has a little more red tape.

Negative cash flow with high HOA fees is a red flag.

Markets like Memphis TN, Little Rock AR, Tulsa or OKC, OK.

If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan.