Chillaxin in Crete, life in paradise, watch the springboks put a hurtin on the all blacks, a little brai, pop back a few black labels......

As you read these books, watch the BiggerPockets Rookie podcasts.

Are there any red flags I should watch out for when dealing with buyers who propose alternative arrangements like this?

If you receive a loan application that reads: How many flips have you completed in the last xyz years?

Maybe the landlord isn't responding because they don't see the applicant as meeting their criteria. 

Facebook has become a big one, but you have to watch out for bad actors.

For example, if you’re holding a triplex in Irvine, the strategies are going to differ greatly from someone managing high-end rentals in Newport Beach.Costs and Terms: Watch out for hidden fees.

The first few weeks were great, but at some point, you realize that all of your friends are working and you can only watch that much daytime TV.

One tip is that is a very tough state for flipping/investing too because of tough laws against lenders if needing to foreclose, just something to watch out for

(I have children that could no longer play in the backyard unless someone sat and watched them) i replaced the 15yr old garbage disposal out of my pocket so I wouldn't have to deal with the incompetent plummer again.