I see red flags all over this scenario. 

Then if they are motivated and want to sell, negotiate a lower price that's fair to the seller but also enough meat on the bone to do your exit strategy (wholesale, flip, BRRR, etc).

I know the basics of what to ask them such as the types of properties, locations I have deemed as my market and my financial limits, but I am not sure of the meat and potatoes of what to ask them.

Here's a complete summary of the deal, including finances.First, the overall impact on my personal finances from this deal: Total cash needed from close to close: $43,000Cash to borrower (me!) at

I would like some advice on red flags to look for, questions to ask the inspector, and general advise on a fixer upper I am considering. 

Prices now for lower level 4plexs now are 280-300k, and still going up.All over Las Vegas prices red hot due to low inventory.

This puts me at about 60% LTV currently. 

Huge red flag and guaranteed trouble.

Now to the meat of this post...

Getting a variance to change the zoning can be a lot of red tape and hassle that we don't feel we need to deal with on this particular project.The 2nd/3rd floor apartment is a large 3bed/2bath townhouse style apartment.