Hey Chris,Being unemployed is going to throw up red flags, even with the past W2 pay.

I can't say much more than what everyone else has already said, except to agree that this would be a huge red flag for me!

I told her it is a red flag if the guy wants to finish the bathroom "in between other jobs".

Note there was no large holes, missing fixtures, or damage to the roof which are huge red flags.But we prayed that we would pass, and it did!

In Nashville you'll see greater appreciation of your asset and, more market variety so you'll be able to find the exact type of property your looking for, and Nashville's market is red-hot right now so finding tenants for a cash flow would be much easier in Nashville than in Memphis or Chattanooga.

Originally posted by @Red Smith: on Facebook ....

Take bold actions.

When you refi and hold you may not have any cashflow after debt service and one bad tenant or big repair issue can put you in the red fast.

But just inland, you'll see yellow and red areas (ie, lower price points!)

I am in the very beginning of my red career and was wondering is anyone on here has ever raised capital to fund their investment(s).