Again, I don't know if the Philadelphia assets I've observed with questionable values are REIT owned, and if so, make up a significant percentage of the REIT portoflio, but if they are that is a serious red flag.

Is there a benefit to foreign national loans for a US citizen with a US credit score (the 791 I mentioned in the original post is my American score)?

What are some red flags I may be missing in evaluating this?

Id also throw in some photos of the school or mascot in your str listing. maybe even a flag of the mascot in your listing. 

@Juliann MoralaA GC is suitable for estimating rehab costs, but consider hiring a property manager or investor-friendly realtor for unbiased opinions.Video Walkthrough – Have them record a wide-angle video of the interior and exterior to capture the whole condition.Floor Plan Mapping – Use an app like MagicPlan to create a detailed floor plan with measurements.Major Systems Check – Roof, foundation, HVAC, plumbing, and electrical—any red flags?

If so, is there any red flags such as rental restrictions, limitations, etc.

You can't rent out a PO box and live there.And yea that sounds like a huge red flag to me. 

I can kind of understand that he wants to make sure I'm legit but that's a bit of a red flag for me.

., Profit & Loss statement, Balance Sheet)Credentials:No formal certification is required and may or may not have a high school diploma, but some bookkeepers pursue:•QuickBooks ProAdvisor Certification•Certified Bookkeeper (CB) from the American Institute of Professional Bookkeepers (AIPB)•Certified Public Bookkeeper (CPB)Caveats:Bookkeepers do not handle and probably should not handle tax planning, financial analysis, or compliance work.

If you think this distinction is unimportant, consider what happened to investors who placed their IRA funds with American Pension Services,—an administrator whose founder mishandled their money causing a $22 million loss.