And if that's the situation with them...then it would be another immediate red flag for me (because I find these types of sponsors always have multiple things I can't stomach).Also there are other sponsors in their asset class that have better fees.

This is a red flag for the IRS.

When I hear of new gurus I feel like Red... 

@Ryan Knoetze As far as I know, these are the areas (in red) https://cdn2-img.pressreader.c...I just read some news saying they are now allowing new AL licenses BUT only for 5 years, after that they will re-evaluate them and decide wether you can keep them or not.Also, regarding taxes, if you apply for an AL license you should declare your rental income under category B, this type of activity receives a special treatment under the IRS and tax is calculated on sales, in other words you are only taxable on 15% or 35% of your invoiced income, depending on the way your business is structured.Capital gains are not charged if the property is more than 30 years and you refurbished it or if it is located on an urban rehabilitation zone.

I have never pulled a permit for a water heater swap, know no one that has ever pulled a permit for a water heater swap, ever seen or heard about one getting red tagged for no permit, and have never had a plumber recommend getting a permit.

1) Overhead showing red property line, then the front and then all of the inside, exterior at the end?

It’s 100% refundable if you find a problem so you’re waving a huge red flag when you fight and die on this hill. 

Lots of red flags here with this property and location based on what's been shared. 

The fact that you've "put over 5 offers on houses since February" and moved to a different strategy is a huge red flag for me.

I recently purchased the red planner workbook that goes with the book and I’m skimming the book again filling out my plan in the workbook.