Been studying real estate investing and hope to move forward once we are established in panhandle.

If they say no that is a giant red flag and I would simply leave at that point.

Bigger Pockets Refi questionOur Intro:Hi we are husband and wife dynamic duo Kevin and Monica.

We are about to cash out on our first passive MF and would REALLY love to 1031 it into another RE investment.   

We are four hours away in the DFW area. 

We are also provide Property Management.

I live in Rhode Island and, although it is a bit of an expensive and tough market, I want to have my first property near me so I can learn as much as possible.After doing some research we are looking to invest in one of the following areas in Rhode Island:1.

Most cash investors will take anything at the right price but big red flags would be major roads/ freeways, backing commercial or heavy duty power lines, and houses that are too small for the area, lately it seems popular to flip 3br 800-900 sqft houses which would be a pretty cramped home for most people, usually the buyers there are owner occupants. 

We are looking at both flips and buy and hold for long term Investment and cash flow.

However the particular properties we are looking to start with are under 50k and neither banks or investors want to deal with them.