Quote from @Bruce Woodruff: Quote from @Peter Mckernan:Up front (First Contact) Red Flags - 1) Everything should be in writing and very detailed 2) There should be a very specific Scope Of Work3) They should not ask for much upfront $$, certainly no more than 10% - if even that.

@Marcus Auerbach tell him to kick rocks, barefoot.

I know most backyards are dirt/rocks in phoenix, but having a home with some sort of a finished backyard can be a big deal as it adds more livable 'space' to the home. 

Criteria:6 months STR2 bd, 2 ba, Single Level House Furnished with yard, washer & dryer with A/C (inland not near coast)Pet Allowable 40 lb labodor 10 yrs, 40 lbs Red Heeler Mix and 6 lbs catNear VA Hospital, shops, grocery stores (at least 25 minutes commute)

The 1st red flag question he went over made me laugh.

Ask how they intend to pay for a year or two of rent.I ask for a statement of assets and discuss any red flags or ambiguities with them.

Looking for advice on a creative finance deal in Round Rock.

@Chris Blackburn, while I can't speak to this specifically, there are a few red flags I see in your post.1: A Realtor has to be a member of the national association of realtors, an industry trade group primarily focused on your typical home buyer.  

And when a property cycles back to the market, it's not always a red flag – sometimes it's just market dynamics at work.

Is this a red flag, or could it just mean there’s an untapped market here?