First floor has a beautiful open concept kitchen with white shaker cabinets that reach the ceiling, wet bar, hood over range, farm sink, large lit pendants over the island, stainless steel appliances and new windows.

The only catch is - the IRA LLC is named as a loss payee / mortgagee on the insurance documents - so I think that could be a red flag in an audit.

There are lots for sale in my neighborhood with beautiful ocean views.

I've been corrupted by their guidance and have gotten more pleasure from the equity we've built into property than the fact that we've built a beautiful home!

Now you have full coverage in the event of a loss and you satisfy the mortgage company who sees the mortgage holders name in their system and your sub-to raises no red flags.

There is a lot of red tape for both you and the seller.

But then again just need to stay on top of it since we all know tenants will let you know when the red battery light is flashing.

Are there any red flags, warnings, tips etc that anyone has for me in regard to the owner financing?

If there are any red flags that pop up, your attorney will be able to step in and provide guidance.

On your timeline, there should be a red flag or bump, whenever there is motion.15.