@Lawrence Snipe, that's sort of like asking if red is a good color. 

No website is a red flag. 

I would give them a rent rebate for the loss of use of that room based on time and square footage (i.e. if the sq ft is 20% of the home, and it's down for 1/4 of the month, it would be 5% of their monthly rent paid back to them (not a discount, but returned after they pay on time as expected). if it's $1000/month rent in this example, that's $50.

Hi All,Looking to purchase a primary residence (two family) shortly and would like to speak with investors active in the Belmar / Red Bank / Asbury Markets.

Prepare the sub floor, float low spots, sand down high spots, take your time with the install, verify edges aren't damaged, maintain a clean working area, inspect and clean the channels before installing each plank, ensure a complete lock and verify seams are running square/even.

There are so many hoops and so much red tape.

A 2nd mortgage foreclosing is a big red flag for me and strange that someone will be paying a 1st position and allowing the property to be foreclosed on.I would dig deeper to make sure there are no other liens attached to the property that when adding all those liens, the 1st position and your inverstment amount does not surpass the property value.If they don't a quick exit is to sell it where there's still money left to get a return.If they do add to more then hurry and rent it get some of your investment back and with luck get some ROI.I stay away from 2nd positions unless you know with perfect accuracy the financial details of what can be attached to that property, it just doesn't make sense that someone with only 2 mortgages will default on the smaller amount and not the first SPECIALLY if theres equity.Good luck!

Home has a three-bedroom two-bath with 1200 square feet.

@Dan Olin It would be somewhat difficult to get a breakdown per square foot due to so many factors playing a role in the rating.

Asset setup, financial services, and disposition fees being the largest red flags.