There's no red-tape, and it's not monitored as heavily as other tools.

I get where some people could do it in an odd way that throws off red flags.

It felt like Tyler was in his ivory tower in Hawaii and too busy to waste his time with students after he gets us signed up.

Annual fee $25.PenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOC SCCU Florida 70% LTV, 6.25% interest only, not LLC Sound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD Bank TIAA Direct was EverBank Tower FCU, all states except TX, max 45 DTI, green card ok.

If so, is there any red flags such as rental restrictions, limitations, etc.

Spokane has recently changed zoning and development policies to be much more friendly to making additions so you won't be fighting too much red tape.

When you see red flags, adhere to them even if the prior relationship has been good.

There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.

. - What exactly is the red tape you are trying to avoid? 

Red tape at it's best making things expensive.