Some red flags are adults screaming at the kids, kids screaming at each other, or someone asking, "Who let grandma out of her cage?"

Just mix it up in a red solo cup with a sick.

Less Red Light and Speed Cameras, parking tends to be FREE. etc.As to areas, I would just suggest you use the MLS access that you have, run numbers on properties based on rent, and the usual expenses of Taxes, Insurance, Debt coverage, etc.Then once an area comes over as decent, check into if Landlords must "register" this is a new trend that provides a landlord with no discernible benefit but to simply pay a yearly fee to the municipality so they can line their coffers more.

The first one I have held for 7 years and it had a slight negative cash flow, over all it was about $100 per month in the red.

- The comment about all tenants being month-to-month sounded like a red flag.- Also, get solid proof of current and prior year income/expenses.- Do a thorough condition inspection.

I called him and he's telling all about it and I got several red flags going off by the way he was trying to describe it.

Now the tenants are moving and it's decision time:1) rent it out again at a slightly higher rate to improve the cash flow (right now it is in the red every month because I have a 15-year mortgage on it),2) refinance it to a 30-year to lower the monthly expenses (still will just barely break even)3) sell it and use any cash for an investment with a better cash flow.Comments?

In a red-hot market staging is totally unnecessary.

And you also say, The comps in the area are between 350-420K.To me (My opinion) I see red flags.

Is 17 unoccupied units a major red flag or just this sign of a really really disinterested owner?