That puts me at a negative $452.48 for the year or $37.71 each month in the red. 

If you are working with a GC who's allowing you to write up the contracts that is a huge red flag that you aren't dealing with an experienced / sophisticated operator.

Unsurprisingly, the NY market is red hot and with Amazon’s announcement, that isn’t likely to change.

Note that a 203K loan comes with a lot of red tape - it's not always the best idea for a quick flip.

The horror stories you hear about pets usually surround many red flags in the application process with the actual tenant that were glazed over or risk accepted and their animals were never accounted for in the decision. 

Thankfully credit was not ran for this person, the application itself had enough red flags to not warrant the additional steps.

Good to hear you're investing in Redding.

I knew about the Walmart test, and the small population red flag.

That's one water heater away from being in the red for the year. 

that's how these play out.the other HUGE red flag is when they say you need to buy insurance to guarantee the payments.. that's why they can do the loans.Well news flash there is NO mortgage insurance for fix and flip loans.. there is only PMI on federally regulated loans  .. period.I had one guy one of my investors who I was humoring .. so I played along.. lender was in the middle east you could tell total scam but then we had to buy this mortgage performance insurance from and insurance company in Thailand  YA right LOL..