Cardon podcast, but he had a story about a competitive offer.In his case he did a video of himself explaining who he is and why he wants to buy the property and what he plans to do for it.He also added that he was going to catch a red-eye coast to coast flight to mee with the seller the next day.This was a big property, so I wouldn't add the red-eye part ;>))Cheers,Buddy

The two Bold sections seem to let the seller off, you simply get your EM back, nothing else.I admittedly did not read the rest of the contract.

That's a huge red flag to me, short of clearly showing reasons why.

In my experience dealing with 1,000's of tenants & even 1,000's of potential investors the fact that you know he drives a BMW is a huge red flag.

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?