I bought the property with seller financing and made the mistake of assuming flood zones were big red flags that pop up on every purchase.

I understand that upon getting an appraisal, red flags may be tossed, but I like to know if anyone out there would know how to approach this matter?

I currently live in beautiful east-central Minnesota where I just bought my first house! 

.#1 Government Bureaucracy: One of the biggest disadvantages of Section 8 is dealing with government regulations and red tape.

After all said and done, I had doors open, hired a good manager, furnished the place with beds, recliners, TVs, call buttons, had professional photos taken, self created the website, and prepped for the SILVER TSUNAMI FLOOD of residents that would pour into this beautiful home in DROVES!!!....

Absolutely beautiful!

We currently have 10 gallons of bright red semi-gloss exterior she is putting to use.

I've done both deals, and both have their advantages and disadvantages.I PREFER early 1900's buildings, they are beautiful and will never be built like that again.Feel free to reach out, I'd love to connect!

Is that a big red flag to avoid?

This is just to ensure no large fluctuation in fees that could kill your cash flow or put you in red in worse scenarios.