People always forget about something that throws a red flag and if you can't prove that your original intention was to occupy the house as a primary residence, then it is mortgage fraud.

It's like a bad movie filled with conspiracy and ofcourse the code enforcement keeps it to a minimum which is just enough to keep me screwed over but not enough for a red flag.

There are a number of red flags for the tenant you are considering - the bankruptcy, the charge offs - all of those indicate they aren't handling their finances well - and YOUR RENT is about to become the biggest part of their future finances... so that should give you (and your mother) pause.  

If your prospective property manager cannot provide a number of references for you, consider it a red flag.2.

Week after that, property is flagged by the village for doing work without permits.

I'd be worried if people were coming to the home for his business, but if he's simply using the address (same as a PO Box, though to me that would send up a red flag for a business to have a Box #) I wouldn't worry about it.

@Steven Moore there's a lot of red flags with this deal.Why hasn't the seller raised rents?

I've caught so many red flags this way for my clients.

I would be interested in whether others have had instances where Minut flagged an elevated risk of cigarette smoke, but you have reason to believe there wasn't actually any.

Ignoring Red Flags: Pay attention to potential problems highlighted during inspections.3.