And what are the colors- I'm colorblind, but it looks like NW is red, sunbelt is green and midwest is blue?

Land trust - not interested, since they are increasingly becoming red flagged.Double close - my second choice, after quit claim approach.I have another question already on the forum, about whether or not it's acceptable for my buyer to put down the requisit 1000 dollars for an REO contract, through me.

I think that is my main concern - I don't want any red flags to go up and have people accusing me of making low-ball offers just so i can get a listing, if I do decide to become an agent up there

Great, then do so while following the rules and watch your influence grow, rather than in the red!

They can tell you if anything has been red tagged, which both the seller and the bank could be aware of and are trying to pass on the next owner.

The screening service I use just gives a red/yellow/green.

Several red flags here.

Make them yourself or use an escrow service.If the seller refuses to go along with such an arrangement, its a big red flag that something's not on the up and up.Now, what could happen is for the lender to call the loan due because of the option.

II've long had this idea that there is probably a market for developing multiple small houses on land and selling (or perhaps renting) them as condos.Someone actually did this in my neighborhood five years ago with a red-tagged meth house.He bought the property cheap, tore down the house, and put up four houses on the lot, none of which were tiny.

(any red flags on this?)