quick view of their site does not show much.. but red flags are 100% financing zero credit.this simply is not available in the real world..but maybe they are different.. plus 1 billion fund.. that is hard to fathom.. but maybeso you can apply but the second they want money up front be super cautious .. that you don't pay up front money and never get funded..

If living out of country, would you try to deal with a bank directly or is it too much of a flag to be that far away (in which case I may fly back to deal in person, but at a fairly high cost)

The insurance carriers we have carry coverage for underground utilities & sewer lines.

Every time that I didn't follow my gut feeling when red flags came up and when I then used the left side of my brain to talk myself into that tenant - I always regretted it. 

I'm looking for do's , dont's, red flags and possible strategies .

Who is you favorite insurance carrier?

Your gains are capped at let’s say 12% or whatever the carrier you use dictates.

This seems way too good to be true and has my red flags up.

So depending on his risk adversity here....he could play it either way and just be prepared if he goes more aggressive, it may throw a red flag. 

You certainly dont want to leave deductions on the table but on the other hand you dont want to set off any red flags with the IRS that could potentially lead to an audit.