First red flagOriginally posted by cashboy2010: I'm not saying its another high priced, super slick, superbly marketed, REI gimmick...I'm just saying...If it looks like a duck, quacks like a duck then.........

With new non-homestead taxes, upkeep, marketing, LLC fees and current and future repairs seem to be running us into the red.

While certainly not enough info to draw any hard conclusions, see the red flag for what is is worth at this point.If they don't answer or respond to their cell phones, meet agreed upon schedule for assuming utilities, signing the lease and moving in, are they displaying the characteristics of tenant you would really want?

Saying this house has been moved might srt off red flags.

I like the way it looks, but it requires a minimum moisture content in the air, which I don't have out here in the desert, so I've never installed it.I can't think of any reason a buyer would object to it, other than the obvious one that they have their heart set on red cherry floors (which is a problem with any and every flooring you use)I don't think bambeoo is any cheaper than other wood flooring, so you chose it because you like the way it looks.

You get 5 years to operate at a loss (no income tax) before the red flags start waving.

I told my instructor how I found a BEAUTIFUL Detroit home for $17,000 3 bed, 2 bath in a really nice neighborhood.

Given that this is my first time out and the rough condition of the property, I feel like it would be difficult to get anyone on board.I am hesitant to get into a 203k situation, as my initial search has come up almost empty for contractors in the area that would take on a 203k situation due to the red tape and delay payment.$40k is below the threshold for most places to issue a mortgage.

@Tim Wade what a beautiful place!  

But that wont be quite enough, Two urns with red geraniums?