A few red flags include contractors who take forever to respond (I don't mean hours, I'm talking a week or two to get a yes or no), contractors who are priced significantly lower then all your other bids (these contractors can sometimes run off with your deposit money), and those with only 5 star reviews.

The price varies by market, but you can expect around $3 per square foot for painting.

I've heard many things about the Bates-Hendricks and Fountain Square neighborhoods, but I'd be interested in hearing about some other spots where people have had success buying. 

@Alfredo Martinez Of course it couldn't hurt but are there any specific provisions of the docs that are a red flag to you? 

I lasted 6 months and I quit.I took that red pill... and shoved it up Morpheues' .... fine... throat!

What are your thoughts on the current 2 month red tide/ lake o discharge issue with blue green algae in caloosahatchee and the dead fish washing up on Fort Myers Beach? 

Maybe I have this all wrong, but want to make sure I have it squared away before getting in trouble with the IRS.

I found they bought property for 62000 a few weeks ago.All in all a bad experience with a provider who was flippant and uncaring  Being objective it's important to note that the seller not letting you speak to the former owner or the tenants isn't a red flag.

After Year 5, you generally are only growing income if revenue increases faster than expenses AND cap rate expansion (hard to defy the market here).Finally, in real estate, as Taylor said - any real estate offering with an IRR >20% is a red flag right now.

Now as I shift to wear my hat as an investor (for myself) I find myself right back to square one feeling like a newbie (at least in the marketing forum as it pertains to building a real estate investment business).