Had some very unique red tape to go through on the purchase and actually took over 3 months to purchase.

The key to building a ‘rock star’ team, not just any team is to figure out what part of this you can do at a very high level.

Anyways, my point is that you could find yourself setting this up illegally and rocking it for a little bit but then Somerville really coming down on you and that quickly not being an option anymore. 

Operating expenses of 25% of income is a red flag, especially with such low rents. 

OR ask him/her to pick up one of the red/blue $50 jobs at Lowes or Walmart and throw her a $20.

With that being said, I’m from Rock Rock Texas and wondering if anyone can explain if there are any rules to follow in the wholesaling process?

Id like to get some background on “red flags” to look out for before even placing an offer and having the home professionally inspected.

The transfer itself often doesn't even trigger the red flags a transfer directly to an LLC would, so some investors don't even tell their lenders in order to avoid the confusion.

@Jonathan NewsomeId invest in a lien search.A red flag for me would be the hoa.

I am also looking to buy multi-family properties in Milwaukee, Little Rock, and Omaha eventually.