So I think you hit on what's flagging you.

Before jumping in blind, I want to qualify whether it's worth pursuing or if it's plagued by complexity, constrained by red tape and/or has unreasonable capital requirements that constrain growth.

They'll flag it as unauthorized deleading on fl 3 and you'll never get a lead cert for it.

If you're already in escrow and financing though, expect the hard credit check to raise red flags.

Normally, I'd purchase the property outright and sell it myself but in this case there are too many red flags to for me to post my own funds.

Jacob Pritchard I would definitely consider this as a big red flag.

But, I am tired of running around in circles, chasing the next dollar, and watching my bank account fluctuate from red to green and back again.

I see a couple of red flags from where I sit Ben Ballinger. 

Is a dysfunctional Property Management Company in charge of HOA stuff a red flag?

Had the Agent or the title company contacted the appraisal district she would have told them immediately to refuse it...it's flagged.