Hi @Jay Shah,The CO is required by the city and is typically geared towards safety issues (fire alarms, graspable railings, functioning windows, etc.) and while they will flag serious issues they find, it should not be considered a thorough inspection like one would get performed by a 3rd party inspection service. 

That would be a red flag to me.

There are more Americans than homes available and even more Americans today than 40 years ago.

If you're looking at a historic home (Red flag here . .. historic means "lots of things beneath the surface that are likely to be found that are hard to know about until you open up the walls)Price is $350k and the rehab budget per the bank is $100k . . . $100k in a historic home doesn't go as far as you'd hope. 

At 9%+ I raise a flag as to why would something have that high a cap rate.For those that raise a flag, I look to see if the cap has been manipulated. 

.· Borrower will, to the extent feasible, purchase only American-made equipment and products with the proceedsof this Loan.· Borrower will make any request for a loan increase for additional disaster-related damages as soon as possibleafter the need for a loan increase is discovered.

When I've self-closed, I've used ProTitleUSA to run a title report, but (as you may suspect) it doesn't involve their opinion on the quality of the title work but it can raise some red flags.

I recently read "Evicted: Poverty And Profit In The American City" by Desmond and there are some examples in there, as well.Investors that are smart will pivot and grow.

Eric is actually a bigger pockets member as well but since I'm typing this from my phone, it won't allow me to tag him.On the commercial side, I really like AMR (American Mortgage Realty) here in Indy.

Second, do these numbers raise any red flags to you?