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.

I went through a 750,000 openhouse with sold/pending sign that had a 100 foot 32000 volt high tension tower so close I could hit it with a baseball (in my youth).

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? 

Ask about any unforeseen challenges that have come up (there always are, so not all challenges are a red flag), and overall let them know you're an involved LP who likes to be kept up to date on things

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).

They admitted it was after a drunk driving incident, which at the time was a major red flag but I let it slide. 

With a warranty, there is red tape and delay in getting a repair made.With a vacation rental, your first priority is an immediate repair, to preserve guest satisfaction and the rental.