I am still going to screen them as if they are prospective tenants and if there are no red flags, I will keep them.In your situation, I would talk to the tenants and the seller to find out more info.

If you're looking for a turnkey (lower-case t, as in tenant-ready but not sold by a full-service Turnkey provider) then there are tons of red flags here.

The red markings are where ill bring the backsplash all the way up the wall and im going to put in a custom floating shelf ill make myself 

Please see my comments below in bold.- Freddie: This sounds like you are talking about Home Possible (a Freddie program for first time home buyers and targeted areas).

Out of curiosity how long might someone have to hold the newly created condos as investment property before selling one, two or maybe all three and not raise any red flags with the IRS?

We have found a great GC post loan origination and we're trying to dance around firing the original contractor who is completely unaware of his incompetence.Your time and money matter - Don't let red tape stop you from doing what's in your best interest.

Also most of these properties qualify for a 203k loan which is an excellent loan option for an owner occupant though these loans aren't without their own set of hurdles and red tape.

Thank you Jay, I'll keep a look out to see if they hit any more red flags other than no website.

Also are sump pumps a red flag?

Second, there are some red flags with this deal and I'm not sure how much market diligence you do, but the first thing I always do no matter what is look at the market.