Here's a few of the red flags I see:- The people you're dealing with (this middleman "construction" company) has a dishonest relationship with the seller, as evidenced by them telling you not to ask any questions during the viewing and actually telling you to lie about being with their company if asked who you were

For Americans seeking a more affordable and less crowded alternative to the bustle of a big city but not interested in very small towns, a mid-sized city might be the best place to put down roots," the site says. https://austin.culturemap.com/...

I'm from Cali with roots in E.P. and I'm looking to build a portfolio in EP but I'm having problems finding wholesalers.I think EP is A great place to invest in especially in times like these were most places seem a little bubbly.

This second property has a good block shell and has passed inspections with no major red flags. 

There are lots of expenses you should try to budget in like vacancy, repairs, capex, utilities (in NJ the landlord pays common electric), legal, etc. so you could be in the red for quite some time. 

@Dan Handford has a great article about the red flags to consider before investing passively in any opportunity

The market is red hot right now so your best option would be a straight sale if the property is that desirable.

So you would have to go through the trouble/expense of finding a new renter, charge the old renter for the days occupied, and you'll lose the discounted rent you gave in the first place.If renters want to pay up front, it's a red flag.

any red flagsEveryone input will be very appreciatedThank you all and happy holidays

As others have mentioned, price point will be your biggest issue as the 2-4 unit market has been red hot all year long.