Based on my research, every area that I'm looking to invest in appears to be "red-hot".

Is there any red flag here?

@Ethan Field there is a lot of red flags on this:1.

Most properties in Pflugerville are red hot and selling 20%+ on the MLS.

What's crazy to me is how it's not only Austin, but also DFW, Houston AND San Antonio that are all red hot.

My surfing, west coast roots say Encinitas in North San Diego county.

Just bet your money on red or black. 

Is there suspected contaminant or red flags?

This is not only going to add to massive deficits on a short term basis, but also will roll out a red carpet precedent for future bail outs of even more disgustingly irresponsible wasteful spending and gross mismanagement.Your tax dollars hard at work.

The owner originally went through all the property channels to do work but the city called to halt the project after it was half finished so he finished the project and they red flagged it.