However, there are some things we look for as red flags on a bad borrower.Namely, judgements, tax liens, and or consecutive mortgage lates.

So, I have decided to put a post up and share a permanent link for the spreadsheet.Here's a quick rundown of what it does.Calculates mortgage payment.Calculates down payment (assumed 25%, but can be adjusted)Calculates taxes, insurance, property management fees, misc. fees, etc.It also will take into account maintenance, estimated revenue increases, advertising, utilities, total cash outlays, etc.etc.At the bottom of the spreadsheet in red is your total net profit or loss.  

One thing I missed during the buying process was the fence did not accurately reflect the property boundaries and it turns out the neighbor owns some of the property enclosed within my fence (area in question in red, fence in green).

so perhaps a big red door, green grass with lot of yellow flowers/bushes.  

Is this a red flag?

@Jonathan Klemm I moved into Lakeview earlier this month from New York.I am looking to house hack somewhere in proximity to the red line on the North Side of the city.

We built a house in 2008 my husband and I are not contractors but my husband gathered all the man power we needed, he would go to construction sites and speak to the workers to see if they wanted to do a side job that's how we were able to get all the people we needed, we also did a lot of the work ourselves like sheet rock painting and HVAC the biggest challenge was not the fact that we had never done anything like this before or that we built in a bad area and people would steel material to buy drugs, which forced us to buy a fifth wheel trailer park it on the lot and live in it, it was the money and time we did everything cash, my husband was working a full time job 5:30am to 6 or 7 pm (he is an AC tech, and here in AZ the heat is brutal ) and doing AC side jobs after work he would get back around 10 or 11pm than he would pick up the hammer and work on this house we were building, and go to bed around 2 or 3 am sleep for a couple of hours and continue the same rutine.

Yes yes this is a big red flag re the sanity of this lender. 

Community and 30 Rock

This is a red flag and no deal is worth this much headache!