If they don't want to answer it's a red flag. 12) call the human resources dept of tenants employer to verify income and employment status.13) I use ntnonline.com to find evictions and crime info14) if all checks out, collect one months worth holding fee from applicant which is non-refundable ( cash, bank check or money orders).

Lenders cannot red line like that .. not if they are state and or federally chartered.. a HML can...  

Long term appreciation, sure, but I was no longer willing to be in the red on a monthly basis in order to possibly make money years down the line. 

Actual Docs are stored in Big Red File , see 2 below.

Disqualify him for smoking.The other items could be red flags too.

You red substantial amounts of equity though.

In plenty of cases though, it is a non-confirming, red-tagged or dysfunctional property.

Karl Krentzel (Red Pill Investor) says that if you have a Real Estate License, they are not illegal since you pay the City for the priveledge of posting signs to buy and sell houses.

One big red flag is trailers depreciate in value, not appreciate in value.

For households with young children who spill drinks (red dye is the worst) and use indelible ink markers with the carpet as their canvas, the carpets may need to be re-dyed instead of replaced.