One of the biggest red flags I have as a lender (who lends my own money as well as secondary market loan) is when a rookie tells me there goal is to buy 10, 20, whatever properties in the next year. my next question is how many do you own currently?

I should have specified that the policies I have had with my last two carriers (State Farm and Erie) required maxing out the liability protection offered on my properties before they could be listed under my umbrella policy.

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.

A common strategy used by investors, such as those operating through PadSplit, involves purchasing the property, completing basic rehab, refinancing, and then using cash for the interior build-out.Another potential red flag, even without converting common areas, is the addition of individual locks on bedroom doors.

I am sure they know which carriers (though they may be non-standard and pricey) are still offering coverage there.

On the other hand if they are a sponsor that is experienced in stopping a skin in the game, that's a huge red flag for me.c) how open to scrutiny are they?

We built a BEAUTIFUL Mailchimp account and sent out half a dozen Wholesale properties, only to get flagged and our account 'Deactivated' after sending one 'Private Lender' email campaign. 

Their guarantee to cover the mortgage if they don't rent the property is a red flag, too.

You need to rewrite the entire policy.If it was insured as a rental under your personal name, then transferred to an LLC, the insurance carrier would pay covered claims.*** Please note, the claim check would be made out to the Named Insured (your personal name), not the LLC.  

Every interaction with them has raised red flags.