Hi Zach,The Columbus market is red hot right now.

The emphasis in bold is mine.

Attach sheets to explain anything that might be a red flag.

I guess red and blue state will differ.

This house is pretty much a complete gut so I'm looking for ways to change things up for the better.At the link below, I have two different layouts - the white lines are existing structure and the red lines are what I'm changing (and I cut off the living room on both for a better picture.)  

Not a lawyer here, but if they are refusing to give you tax schedules or copies of actual income/expense reports, that would be a red flag for me.

@Roberto CaprioI love the boldness of the idea!

In general, as a rental this would not meet my minimum deal standards because I purchase for cash flow, and after PITI, capex, vacancy, management, and maintenance this property would be in the red based on the numbers you've given.

The new construction process requires a lot of red tape cutting in the beginning.

Mostly because rental properties aren't painted cherry red with flame decals.