Maybe you are referring to a local Los Angeles Rent Control legislation.Thanks Yes, it's LA RSO.Here's a reference: http://hcidladev.lacity.org/rs...Click the little red arrow next to "Rent increases that do not require HCIDLA approval."

The market is red hot right now so if you are sitting on the market more than a week or so with now traffic or offers something is off.  

Offering cash up front is also a general red flag.. tactic of drug dealers and other awful tenants.Also right now you need to be super extra careful in screening.

We had an attempt.. we got an e mail from a Vendor that was fake saying they changed bank accounts and please send funds to our new account.. any one who changes accounts is a HUGE red flag..  

See so many newbies post on here on the "great" deal they made when everyone sees the red flags they don't.

Should this be a red flag?

Fair or not, bad credit sends up red flags to people that the individual can´t manage money or their personal affairs.

They have been on the market for around 60 days ( one red flag that that I noticed)

Location: Jersey City, NJProperty Type: Fourplex gut renovation, financed with a 203k loanPurchase price: $999,000Renovation amount: $460,000ARV: $1,500,000Projected rental income: $10k/moAnnual income: $120,000Net Operating Income: $69,500 (5% vacancy / CapEx / R&M, 10% property management)Unlevered Yield on Cost: 4.63%Annual Cash Flow: (12,028)I'll be in the red from a cash flow perspective early, but I am still super stoked about the deal. 20 minutes from Manhattan in Downtown Jersey City, a rapidly appreciating part of the city that feels similar to Brooklyn.Really trying to take advantage of the FHA loan by levering up to a $1.45mm loan (which is within $30k of max loan amount).

I'm definitely seeing the crime maps go red hot on most good deals IN St Louis, although outside of the city looks much better.