Pawn shops and check cashing places tend to be in neighborhoods where people struggle to pay their bills.After learning how to do some adequate pre-screening, a good PM can give you further insight, but we can't go through lists of 30+ properties to do potential deal evaluations for all of our clients.

Unless you get audited and there is no adequate documention, IRS might give you trouble. 

No intention of trying to fool the I R S (my computer keeps auto correcting to other random words), just want to make sure I'm keeping adequate records, especially if I rent to family outside of airbnb.  

It was rehabbed with all the required permits & sure enough the assessment went to $68k & yet they wouldn't let us enlarge  the driveway for 2 vehicles even though we had more than adequate space to do so. 

So when they all say they cash flow $XXX+ on a property that's nonsense because they never take adequate reserves/capex into account. 

In 2008 to 2010 as many folks choked on NPN's, risk assessments where high and investors wanted adequate compensation for the perceived risk.This same feedback has come from my observations and dealings as well as discussions and dealings with some of the top market guys like JP Morgan, WP Global and Citi.

@Michael Kugler, I agree that looking up the property in a county website is not adequate.

In their haste they do not perform adequate due diligence.

As long as you don't get overextended and maintain an adequate reserve I would move on this.

Still two potential challenges in doing that: separate energy supply would be needed, and adequate space for the new unit is needed.