Be bold!

I emailed them a few times and then all of a sudden their emails bounced so that was a red flag.

I like the bold colors!

that's a nice recreational area there.. your on the Redding side of Alturas there are world renowned trout fishing streams and rivers there.. 

Any other red flags come to mind?

., one has to get through the dividend recapture owed before capital gains taxes kick in).For example, at the end of the spreadsheet, I've show all depreciation taken (since we take all depreciation whether or not the property is cash flow positive (SEE BLACK ARROW IN IMAGE).Then I've added the passive losses from negative After-Tax Cash Flows for each of 5 years (SEE RED ARROW IN IMAGE).Then I've got the tax left.

@Sayed Amin AzizI'm going to venture out and say that if you had to ask this question, you're probably not ready to purchase an apartment complex in Phoenix.Think about it... when you play Monopoly you buy the little green houses first, then the big red hotels.

I don't want to be a troll, but the words recession proof are a huge red flag, and a reminder of what I heard so many times around 2007.

That 7 day due dillegence is a HUGE red flag.

The coastal proximity and HOA are both red flags.