Red flags?

Hi all,I’m an out of state investor in Chattanooga, and this will be my first Autumn / Winter owning in the city.I currently have my lawn cut twice per month (in Red Bank) , I wanted to ask whether you think there is scope for me to have that reduced during the colder months?

Might take a year or two for it to catch up with you but suddenly you will get a huge jump in taxes which is why I don’t focus on investing in Indianapolis anymore :( cash flow is great for the first two years... this is exactly what happened to me and I even tried to challenge it and they can back with “nice try, the market is red hot and we can clearly see what you purchased the property for...”

As far as vetting, we use a 10-point system when vetting contractors to look for any red flags: check contractors state licensing board, get copy of GL & WC insurance certs, call their insurance agent, call references, check online reviews, interview the owner/manager, run background check, etc.

There is much much less red tape as opposed to traditional financing, and no debt will show on your personal credit.  

The red pill or the blue pill?

One of the tenants, the one who had red flags when moving in, has apparently disappeared.

I have tried to turn a duplex into a quad in my hometown and the red tape involved would double the rehab price and made it not worth it to me.

For example, often fire damage is water damage--they put the red stuff out with wet stuff.

Again, my bad for not seeing this as a red flag.