FD came and red tagged the outlet.

To 1031 it doesnt make a lot of sense IMO since $100k of equity going into a new property with 7-8% interest rates will force us to look into markets outside of Oregon, require a Property Mgr at 7-10% and we're almost back at square one unless its a MF with great cashflow.The main considerations for liquidating the brokerage account are: capital gains + OR state income taxes will be brutal, I like the idea of tax advantaged real estate gains AND growing real wealth and assets, not paper wealth.

I did all my other due diligence like asking for paystubs, W2s, Tax returns, Employment verification, bank statements etc etc and did not see any red flags overall.

I’m surprised that in itself isn’t viewed as a red flag. 

Note: We do 50+ investment property loans a month and the most important thing I tell BUYERS of properties being sold as or soon to be STR is make sure you are paying the market price per square foot and do NOT buy based on income approach/CAP rate.

Ideally, I would’ve bought closer to Huntsville or Madison, but the rent-to-price ratios just didn’t work for cash flow in those areas.This property is a 2,100-square-foot, 4-bedroom, 2-bath new build in a really good school district, which is what sold me on it.

That's aside from a renter placement fee (from a property manager or real estate broker), so with that into account, it could be about $3000 into the red on year one of a rental lease.

"^ Do you feel like income you make on the units is based more off of square footage or location rather than add-ons you made for you while living there? 

While I didn't like feeling I was in Time Square on the Canadian side of Niagara Falls, the New York side felt completely dead. 

Thecompany continues to advertise on Google with paid ads.Source: Google Ads for Norada Capital ( Link )Summary of Red Flags and Conclusion:This report is not intended to be an exhaustive account of every material misrepresentation and apparent securities violations, but it provides more than ample evidence to show the following critical issues:1.