Got out of that deal - too many red flags. 

Offsets, root/soil intrusion and some build-up in the pipe.

., tours, etc) however, many applicants had evictions and poor credit history (low credit score doesn't bother me, but when you have 7-10 credit card and personal loans in default, it's a serious red flag.)

It turns red if the date is more than 2 weeks old reminding me (in case I forgot to add a reminder) to call the person.

So $1,200 appraisal would be a red flag for me in itself.

It's likely that while the market isn't red-hot, buyers are still willing to pay for the right property.Timing & Interest Rates: You mentioned that you dropped the price after the Fed cut rates, which could have spurred some interest.

Financing either is a bad idea and will raise a red flag with a lender who will look at sources and uses of the loan request.

What are some red flags to avoid? 

Specifically regarding plumbing you could add (depending on your State or Local Laws) "... unless determined by repair person that such blockage occurred during the time Tenant controlled the Premises and due to some fault or negligence of Tenant, specifically excluding blockages caused by roots or backups from the street..."

Although I've been investing in and improving multifamily properties since 2000, I decided to go back to school and get a Bachelor's Degree in Construction Management from BCIT (I already have my Red Seal in Carpentry).