Don't see any major red flags here, so long as you are comfortable in the low income space.

I hope you were able to catch some reds and sea trout in the bay.  

Quote from @George Red: Hey @Steve Johnson, I found your website but it does not explicitly mention HVAC and I actually was about to ask on the forum if anyone had a recommendation for a furnace repair job... not a big job, one unit in a duplex not working properly.

I wasn't sure if asking my FHA lender about switching it to commercial will raise red flags.

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?

Today, deals are very tight, not much meat one the bone.

Gaps in rent payments or undisclosed tenant issues should have been red flags.It’s good to see the OP trying to help their client navigate this, as acting promptly is critical for any chance of recovery.

There is not enough meat on the bone to involve an agent or an attorney.  

People probably do this all the time, but skirting the law and subject to red tag if the city finds out. 

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?