My wife spoke to our insurance carrier and they had us file a claim.

What are the kinds of red flags that you look for that can immediately kill a deal?

@Jacob Price, quick red flag is you referene back in the hay day before factories moved out.  

Could have been a simple mistake but that was another red flag for us.Account Closed We did ask the real estate agent and he said that the current owners had updated the basement kitchen and added another room.

Lets say its on average 50k per property for united national vs 150k per property for state farmCan some professionals chime in on who there carriers are and what they do?

Also, you will need to talk to your title company to see how the ownership change will affect the title policy.Don't forget to get your property insurance updated as well - some insurance carriers will consider the LLC owned policy as commercial which may cost more.

We visited the property and there are too many red flags/issues particularly given the price so will pass on this one.  

The fact that it doesn't have pictures does raise a red flag, along with the price.The best thing that you can do is to drive by the property to get a look at it, and schedule a viewing to walk through the property.Turnkey means that the tenants are already set up - it does not mean that there will be zero renovations.

Finally who is responsible to report the broken lock when in fact the postal carrier (and the thieves) are the only ones aware of it? 

Price isn't the only red flag.