Hi @Roberto BorjaA lot of red flags here to me... not all of it, like ungrounded outlets are common in old homes..

For about $20 there are we sites that will print up official-looking paperwork and maybe even send a red doggy vest with "service animal" on the side. 

These types of loans have so much red tape, they kill deals, they leave little opportunity for "sweat equity" and ignore nuance of the deal.

I’ve heard it’s a great option just a lot of red tape.

Do not buy one just because it’s on sale ... make sure the color is not too grey and not too red either.

Even if legally you may be able to sign on it, it will raise red flags for an audit and you will spend way much more money defending yourself to prove you were right than the savings that you made on your study.Also having the technical knowledge required to perform a study does not mean that you have the experience to do it.

I found a multifamily home in my area that I'm interested in potentially purchasing. I've had my eye on it for some time and finally had the opportunity to tour it, however, when we arrived the tenant refused to let u...

For example, often fire damage is water damage--they put the red stuff out with wet stuff.

When a tenant stops communicating, that is a major red flag And you should respond accordingly.Right now I have three tenants that are struggling with rent payments due to reduced hours, COVID related layoffs, or other reasons.

@Ro B.Multiple red flags:ARV too lowYou are out of stateYou are a newbieRehab sounds too extensive (structural)Rehab could be $70k so best case you break even, but more likely you will lose money Maybe buy it from your family member and sell it to a local investor for a few thousand more.Put it this way, there’s local, experienced investors who would probably pass on the deal.