It means nothing.Pay $5,000 to "Open the Door" and you have bought a black box of whatever the seller wants to provide (a paper application handed to you from a lender, a website address, etc...)When buying something like this and "Sales Fluff" is introduced into the conversation (vs. hard facts such as, a line of credit will be set up for $X 90 days after doing Y with Z lender, etc...) there is unusually a reason for the "Sales fluff".Ask for a copy of the contract and take the time to read it to see what you would actually get for your $5,000, and if the contract has "Sales fluff" in it--Buyer Beware.If there is no contract, or they balk at giving you an opportunity to read it (pressure you into signing now), it might not be such a good deal for you.And Sales fluff may be a red flag about other parts of the "Opportunity" also.Good Luck! 

What red flags or hidden traps should I be looking for?

My price range is anywhere between $80k to 150k.Any advice on which areas to zone in on and if you have any recommendations for lenders, agents, and contractors would be greatly appreciated!!

Any tips or red flags to check for on this one?

So I’ve been cold calling and found a owner Who wants to sell a 6plex plus a single family house on a r4 zoned lot.

Whichever state you're investing in, pay attention to the IRS Opportunity Zones - we have several in NH and you may see a higher ROI if you choose to invest within the zones - food for thought

What does the property have to be zoned in order to move a trailer onto the property to live in?

9.43.010 COMPATIBILITY IN RESIDENTIAL ZONESNo person shall construct any dwelling, accessory building, or structures, improvements, patio covers, roofs, balconies, decks, porches, terraces, exterior steps or stairways, walls, fences, antennas, spas, swimming pools, or make any additions to, or modify, any structure, or install a new roof on any structure, on any parcel in a residential zone in the City for which a building permit is required unless the resulting construction is found to be compatible with the neighborhood within which it is located.

But as an investor you are often stuck with limited inspections and need to be very clear on things like easements, wells vs. septic, flood zones, etc. to protect your investment.

Wanted to see what the experts in this community seeLocated in NJSFR, 3bed, 1bath, 1,100 sqft, lot size 9,435 sqftSits across a lagoon, Waterview not waterfront, currently not in a flood zone (reassessed next year and expected to fall into one)*Town requires that it be lifted by 2024, the cost will be about $50,000 all in.Purchase Price: $175,000 (10% down)Last Tax Assessment: $236,800Taxes: $5,328 per year ($444 monthly)Home Insurance: $1,200 ($83 monthly)Flood Insurance: $450 ($37.50 monthly)PMI: $101 monthlyElectricity: $100 MonthlyGas: $50Water Sewer: $25 MonthlyRepairs & Maintenance: 5% ($110 Monthly)Purchase:Down Payment 10%: $17,500Estimated Closing Cost: $9,000Total Down: $26,50030 Year Term @ 3.875%The goal is to rent the other 2 bedrooms at $750 each.