They should want to see the place in person or it is a red flag.2.

For example, often fire damage is water damage--they put the red stuff out with wet stuff.

And, you have to be very strategic with the ration of time you spend there versus rental time so as not to send up red flags for the IRS.

If you're using the same lender from your original owner occupied purchase and trying to buy another owner occupied property through that lender, of course this is going to raise red flags and they're required to read you the rules.

  I bought @Benjamin Noblitt Yes, the noise and the fact that there were no other bids in this red hot market concerned me about the resale potential.

@Holly I HansenMoving from a single family property to units throws up red flags to underwriters unless you lay out the reason (and the reason can't be because I want to grow my portfolio). 

Also I did account for all expenses not just the mortgage and the fact that this realtor and his partner are eager to offload this property is a red flag, I will make sure to triple check everything.

You can evict mostly in red states

And I might have misread this as you were the seller not knowing which offer to take seriously; If you're weeding out tire kickers and those posing as cash buyers- you've already been given the best answers in POF and property desires/location specific criteria, also helps if they say their name (don't withhold) if they are calling into you for the first time and you don't get any red flags they are posing as something they are not (popular lead generating app has this issue at times as 'cash buyers' are simply looking for deals to wholesale)Hope that helps! 

I love Red Rocks Canyon!