Got a Red Flag on this one.  

As I am reading the terms/conditions of the contract I see RED TAPE!!

These statements are meant respectfully.The two things that I see as red flags are that you have one lender and that you take 24 to 48 hours to provide documentation.

What other red lights should I be concerned about beside the standard DD requirements to purchase any PN?

I also love strict white houses with red shutters and door.

I see this as a red tape of sorts where people have to go through litigation and court processes and city processes and county processes just to go through a will that says everything belongs to so and so.  

For me personally it is 3 minutes to Red Rocks Open Space, 5 minutes to Garden of the Gods, walking distance to Bear Creek Park, and 15 minutes to all the other major trails.

I have a friend on the KY side that has a condo in the old Booth Hospital and he has a view right into the Reds stadium.  

She told me that she bought the land from a lady and the lady's sister owned the title company where they closed the deal (red flag- remember to never do this - also shows how title ins isn't as great as people think).  

is written in red bold font in the actual letter.