Yup, this is exactly the reason that I wouldnt allow delegated correspondent - it's too easy to get greedy and gloss over red flags when you get paid to package and sell risk to your partners instead of bearing it yourself.

Imagine an adu built where the red shed is.

As a college student landlord you may have interaction with parents & if they find you unprofessional that may raise red flags, but if you have your s**t together you can ease those concerns.I am a big fan of college rentals.

Modeling uses templates to estimate allocations although some firms still dig very deep on these types of studies, costing $1,000–$1,250.DIY tools are cheaper but often miss deductions and lack audit-ready documentation.

Given it's location not far from the ports of Richmond and Oakland, and that the Chevron oil refinery is nearby as well, some of that is likely be driving the highest and best use assessment. chris in the deep south they turn the anchor store into a big church..  

I did all my other due diligence like asking for paystubs, W2s, Tax returns, Employment verification, bank statements etc etc and did not see any red flags overall.

I don't really want to invest in a D-class area.Tangentially, what are some of your "it's time to sell this property" red lines when it comes to the changing economic conditions of an area? 

Great question Todd, first red flag is asking for full payment upfront.

Not to mention, for investors who really want to dig deep and understand the fundamentals of real estate, hands-on is the best way to get there.  

If your going to pay 50% at least have her go over there and do some "deep cleaning" that may not be included in standard turnovers.