For those of you wondering why not change policies in several months when we know if my wife's job will went and we end up renting our house: insurance carriers are non-renewing policies right-and-left in my wildfire-prone neighborhood in the "Golden" state and there is a very real risk that Carrier #2 will stop issuing new policies, although their history to date is to continue renewing existing policies - and at halfway affordable rates - for those who got a new policy secured in the nick of time before new policies stopped getting issued.I realize from other posts that carrying two insurance policies can be a red flag to an insurance company (although it is not illegal per the attorney I consulted - and, of course, I would only file on one if there were a loss plus my attorney advised me the insurance databases would pick it up in a New York minute, so he did not feel it was on the major end of red flag territory).

For those of you wondering why not change policies in several months when we know if my wife's job will went and we end up renting our house: insurance carriers are non-renewing policies right-and-left in my wildfire-prone neighborhood in the "Golden" state and there is a very real risk that Carrier #2 will stop issuing new policies, although their history to date is to continue renewing existing policies - and at halfway affordable rates - for those who got a new policy secured in the nick of time before new policies stopped getting issued.I realize from other posts that carrying two insurance policies can be a red flag to an insurance company (although it is not illegal per the attorney I consulted - and, of course, I would only file on one if there were a loss plus my attorney advised me the insurance databases would pick it up in a New York minute, so he did not feel it was on the major end of red flag territory).

High rates of these types of crimes are red flags for systemic problems (rough neighborhood).4 years ago my wife and I bought a Multi family in the ironbound section of Newark.

Essentially what I'm trying to ask is, what red flags should I look for in a bad renter, and what signs of a good renter should I look for?

The reason I want to get it rezoned is because the appraisal came back and stated that it is a multifamily property and that it is zoned incorrectly - likely to raise a red flag with underwriting.

I.e. 1/3 due up front, 1/3 due at 50% and 1/3 due upon completion is a huge red flag to me.But X due upon completion of demo, Y due once all rough in inspections done, Z done when drywall is hung, mudded and sanded, I am fine with because those are easy yes/no items.

Too many red flags for me.

We live in a county where there isn’t a red light.

In precovid Chicago it took 6 month to evict and 2 years to foreclose, I'm sure other big blue cities had a similar timeline.Now you will probably have to double that time.Let's say they lift moratorium tomorrow, red states will be moving through the process much faster, blue states will take the longest.So there will be no critical mass hiting the market at the same time.

Is this normal or a red flag?