I feel I have an OK sense of what makes a decent investment, and what red flags to be aware of.

Most people, myself included, will not be comfortable answering that question, but perhaps we could address the root question.

You should see a Big red flag if the owner will not provide the requested information think twice before advancing

There are some really horrible contracts used by some investor types here, just because some old operator has used something for decades doesn't mean it's a good contract, in fact, it should be a red flag as things change and many just keep doing what they have always done

HMLs are expensive and have minimums and red tape.You have 4 jobs:1.

Without properly exposing your property on the open market/MLS, you're potentially leaving $150k-$200k on the table to save $30k in this RED HOT MARKET.

.- Two tenants on disability complaining about their last landlord is a big red flag to me.

@Christina R.A few red flags.You are dealing with a realtor!

It dosent matter what you work out with the seller, those two things wont just go away no matter how you wrap up the deal or how pretty you make it sound with land contracts and property trust...There are no loop holes when money is do...Thats the reality without all the big words and red tape...If this financially makes sense for you and your family then go for it, i think its a great deal if you work it right...All just my opion...

There is a big yellow rose bush in the back...the other two are red roses.