I am actually handling another one where I was red flagged by the city and had to go through a licensed general contractor, permits, plans, etc.

I am actually handling another one where I was red flagged by the city and had to go through a licensed general contractor, permits, plans, etc.

. - With only $90k in income, can I get away with only doing distributions to the two members (wife and I) or is that a red flag (I know it is not recommended but it should be a small portion of the income after expenses)?

Some red flags for me from the seller is that they just sent us the Zelle information they received in an email, then for about 5 of those months they just put that the tenants paid in cash. 

Does this type of cracking in cast iron pipe raise any red flags?

Red flag or go ahead?

Yes, @Eric Lake, this is a HUGE red flag, but that doesn't mean it's not a great opportunity!

If an existing rental for sale already has issues and complaints, that would be a red flag to me.

Buyer's Agent: Michelle Lorenzetti of Investors Connection CT Insurance Agent: Justin Sloan of BSP InsuranceLender: Gary Root of First Choice Mortgage Services, LLCAttorney: Joette Trinh of Keily Mira Law

In my area 200k S.F.H are a bidding war  most are  bidding  over 10 to 15K may be more of course the issues of the  home/location  will push the $ up and down .Market is RED hot !