But, the situation you spelled out raises a lot of red flags. 

I send a message asking if everything is good with the house and we leave a nice treat in the fridge from a local German bakery.So after 10 years we get a response like " The house is beautiful we appreciate the attention to detail and thank you so much for the treat"This sets the stage for a 5 star review.

That would be a red flag for me personally.

Another option can be using a Hard Money Lender, a lot of times there is just less red tape involved.

ThanksHello Imani, my husband and I have been building big beautiful brick properties day in and day out in Detroit for the passed 5 years straight and I’m proud to say we are experts in all aspects of building and maintaining successful rental properties in Detroit City.  

What red flags should I be aware of?

If I were going to do anything, I would have shut down the entire thread.You had so many red dots your profile looked like a Lite Brite 😂😂 sorry, mod humor.

Some of our renovation were cosmetic rehabs , many full gut rehabs and some in betweens but we always went one step further to make certain the property was beautiful and in full compliance with section 8.

A sure sign of a dead beat customer is them NOT wanting to pay the deposit , it is a big red flag that they dont have the operating capitol . 

We have opted for a hybrid approach - LPs who want to pay for access can get an exclusive network, privately discuss operators, privately review and see other LP reviews of sponsors, and discuss "red flag" sponsors.