Less environmental red tape on the East side of town.

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?

They have had some health issues that have been at the root cause of the late payments.

My most recent deal, and the one that I posted a few details about above is in the middle of LoHi, right near Root Down, and even this is going to a neighborhood a little more sketchy than I'm used to.

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.

The mold roots itself into the drywall (or wood) so your best best is to remove the drywall, eliminate the water source (if any) for the mold growth, and patch the section in.