Usually red flags stick out clearly on their profiles.

I just want to make sure that there aren't any red flags that I'm missing, and that I have a decent sense of the mechanics of the process.Also, I'd like to learn more in general so if anyone has recommendations for other investors, or professionals/attorneys who would be willing to talk for a reasonable fee, with experience in the following areas I'd very much like to connect:- DC foreclosure law, and the treatment of personal possessions remaining in a foreclosed home- DC landlord tenant law and the eviction process- Title searches and other due diligence measures (specific to DC) - Ideally I'd like to sit down with someone who does this for a living and walk through title search and other checks that one would do prior to buying a foreclosure.Thanks in advance and look forward to any thoughts or insights!

Requiring 50k in earnest money should send up a hundred red flags.

I'm an architectural designer living in Redding, Ca.My interest here in BP is to learn the mistakes / successes of others developing real estate.

I ask because they claimed to be 6 years old yet their website domain is only 5 months old (lying about how old they are is a glaring red flag to me).

If you'd like, inbox me the details and I can take a look at it and give you my opinion.As far as holding this property and renting it, based off of your numbers you will be in the red and not cash flow at all.

Fast forward to today with two tenants breaking their leases early, two court ordered evictions, two different property management companies that were short on communication during these difficult times, and I'm clearly in the red on this property to the tune of ~$6500 after figuring all expenses + my mortgage payment over these two years. 

This has attracted fans coming in for the weekend for the Texas Tech Red Raider football games and also executives seeking a monthly+ stay while making a business move. 

I'm not sure about the bragging about her new toys, but the fact that the cleaning lady plus the maintenance person is saying they're booked to capacity and the manager is stating otherwise, that should be a MAJOR red flag.

Options I have:1. wait for the same PM to fill up unit 3&4 once tenant moves out, given eviction closes soon. 2. take over the units and advertise the property and screen tenants on my own (or with help from my own PM). 3. back off, because of too many red flags implying that we might end up with more evictions in the near future.