Our carrier allows 60 days to rectify deficiencies & in most cases we just need to email pics of the work done.

However it can be a red flag and it is a weak deed and generally be avoided.

The thing that raises red flags is my CPA last year must not have planned for me to get that deduction because he waaaaaaaay overestimated my taxes.

You need to know with the proposed hotel the track record of the sponsor with new build development, what existing product is on the market, how is it performing, how much new builds are slated to come online, are they national flag brands or more regional to mom and pop in nature, is the site you are developing an A++ compared to existing buildings in the area, what rent per room would be needed to justify the development and does the consumer base in the area and travelers support it for the amenities and quality of construction you will be providing.

RED FLAGS anyone !!!

Red flags?  

The town is actually the economic center of that geographical pocket, although I am uncertain if that's a good thing or a red flag. 

Hi all,Looking at an elderly couple for tenants but she has a bankruptcy Ch. 7 from a fused spine injury that ended her carrier. 

I called her insurance carrier to find out the policy issued was a month to month and was cancelled due to non payment.

So things that are a red flag for me may be fine for someone more aggressive.