That was a big red flag for me, and made me realize (again) how much the plan administrator is in control of the ROBS transaction getting done correctly.It took over a year and a couple thousand dollars, but ultimately, I got a favorable determination from the IRS, which basically indicated that they could never come after me for my ROBS transaction. 

The only investment analysis you would need to do is decide on red or black.Seriously though, there are many ways to double your money in both real estate and other businesses, and Don asks an important question...over what period of time?

Additionally, did the Red Cross show up at the fire, they provide assistance to fire victims and sounds like she would qualify for assistance with them. (?)

Also what red flags should I look out for when I am inspecting the property.

This has happen to me, I was buying MFH and the appraiser said that he should have appraised that house to 20% more but not to trigger any red flags from bank he only came 10% higher.

If the wife cleans the units and is paid 50 bucks a unit, then fine, be able to prove the work and pay, but I don't get near cutting checks for dependants of a BoD member that has to be defended as to usual and customary, IMO, that is an audit red flag, seeing family getting paid out of a N/P.

Sheene: there are red flags all over this deal.

Just curious.I know, this 90 deed thing is a red flag indeed.

$14k profit may be enough on a house this cheap, but $5k has red flags everywhere.

I also know that if you list the property for sale, it is more difficult to refinance it because lenders don't like to loan money on a property if it will be sold a few months later and if it has been recently listed that is a red flag.There is plenty of information and assistance available for mortgages on primary residences, but for investment property there is none.