This should help accelerate the process of getting electricity back on at the home.Tenant recieved the following support (partial list)Red cross $130 debit cardAlso paid for hotel @ $65 x 3Red Cross also offered to fund $400 towards deposit for new residenceThe school also provided financial assistanceUnited way offered referrals to local agencies, but no direct helpReferred tenant to contact catholic charities - known for being helpful---------------------------------------------------------------------------------------------------------------Part 2 - no specific order2 Big errors made:Missed a spot where water accumulated in the basement (in a pile of clothes and junk that hid it very well) and is causing mildew issuesWAS NOT PRESENT FOR AN ELECTRIC TURN ON.

But reporting huge repair expenses in relation to your rental income is an easily spotted red flag on your return.Reporting losses by aggressively taking lots of repair deductions (that you might have alternatively capitalized) will also lessen your chances of getting bank loans in the future, as banks like to just take the results off your tax returns, regarless of how much you say, "yeah, but..."

What were the 3 biggest red flags that these prospective borrowers should have seen?

See the part in bold above...that's not what you said earlier...In your previous post, you said that the plan was to go back an amend the tax return was already made, but that the action wouldn't be taken until later.

This evening I decided to drive by the property and I noticed a red sign on the door that says "Vacated... home is uninhabitable" posted by the city.

As a lender, not being able to pay your bills and spending too much money are two big red flags.My best recommendation is to start working to improve your financial situation (pick up a couple books on money management, fixing your credit, etc) and start saving money.

From what I understand there's even alot of red tape in qualifying for hard money these days.

This is not the type of transaction that is going to throw up red flags at the IRS and they aren't following you....or are they?

Here, they are called "The Blue Book" and "The Red Book".Besides about 50% of the ads promoting some kind of hair-related service, there are some rental ads in there, too, and quite a handful show in big bold letters "EVICTIONS OK".I was wondering why landlords would target this group of people specifically.

If you look around they can be built locally much cheaper.Biased off the pics of the 3 bathrooms I could update the vanity’s with stained red oak in a day for about $150.