major red flags I've seen that are not mentioned above:most recent landlord reference is overly positive regarding the applicantinability to complete application without excessive handholdingoffer to prepay rentoffer of additional deposit in lieu of credit check

On the retail side, they are fat with overhead most times and it is negatively affecting pricing because margins have compressed and they struggle to adjust.   

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

In addition we're finding lots of "old property problems" leaky pipes, wood rot in some areas as most have original windows & framing on the exteriors.To sum it up, I see long term potential but this isn't an easy "buy & hold with a fat cap rate" you will need to put some work in & make sure you have a solid manager in place to help you deal with your problems as they come.

Overleveraging: Poor mindset investors may take on excessive debt or use risky financing options without a clear plan to handle potential financial setbacks.4.

One had an asking price that was about 25% higher than it was worth, and the other two were low, one excessively so.

A lot of folks who are in this situation usually only transfer business funds into their provided AIO checking account (take out from their business as a distribution) when they have excess cashflow.When they want to use the AIO they'll wire, write a check, or ACH the funds to their business account and spend it from there so that the funds always pass through proper channels and you're not just blantantly paying business items out of the AIO directly.However if the AIO loan is an investment property and its already operating as a business property then paying directly out of this AIO is still aligned as business use.Hope that helps. 

NO social welfare at all. you either make it or you don'tand of course not every one is really rich in Singapore.. but they pretty much ALL work. and there is govmit housing but you have to buy them  500k and up... for a condo.we won't solve the welfare problems in America here on BP.. its just something to ponder and wonder .. and scratch your head about.. and maybe get frustrated at tax season when we are writing big fat checks but we all get the same use of the roads and other public amenities. 

It avoids the excessive late "fees" when they mail their check late or forget to mail it entirely.

Again, the fees seem unreasonable and excessive.