So far I have just applied, but the loan officer called me and there did not seem to be any red flags.

Warning: If your market operates on tight timelines, getting the EOI from the random big-name 1-800 number insurance carrier can be like pulling freaking teeth, and delay things by a week or more.

Identity theft is a real issue, but it also is a red flag that an applicant may be a fussy tenant.

Basically, what I am wondering is if this is the type of territory I should expect to see when investing in C class improving type neighbourhoods, or are any of these things red flags.

If you think it is an error, you can click on the little black flag next to the data entry to report it as an error.

The first red flag for me is that most commercial loans don't allow for owner occupancy.

For example if you currently live in the nice part of town 5 minutes from work, and are buying in the hood & your commute will double, that can be a flag for occupancy fraud (the most common type of fraud), which can delay closing or prevent it entirely. 

I don't want to get flagged for advertising. 

@Christopher PhillipsI'm planning on rolling it into the interest expense as you had mentioned, just wasn't sure if a 14-16% interest rate was going to flag anything when he's claiming the interest income.

Another thing is she sent me several documents like income, Transfer disclosure statement, tenant estoppels, and seller questionnaire. 1 thing that was a red flag was that the floor has cracks in concrete.