The property is also zoned R3 with potential for further development.  

To me, I need it now, i have the cash, I'll fix your place are red flags and like a smoke screen....I don't care when they need the place.

(it's zoned so that AirBnB should actually be really easy).We're under contract, and our due diligence ends two days from now, Friday.The numbers:Sales price: $112,000 currently (we might drop down a bit based on the issues described below).Seller contributes at closing: $2,500.Financing: FHA 203k Streamlined.

You mean that you are looking to Rent a 3/2/2 house in a C+ area which to me would maybe say its on the East Side of I275, which I consider the War Zone?

Below are the concerns I have regarding the property.After looking at the tax records, the property has been sold 5 times in the last 15 years (red flag?).

This is why I only invest out of state in red states.

That is a massive red flag.

@Claire Hughes , I have no experience with this person or company.Check out our Scam Page , with red flags for common scams. 

I live in Redding, CA and I'm looking into doing out of state wholesale deals as well as trying to get deals done in my city but only thing that I'm trying to figure out still is if I can do out of state deals with out an LLC.

However, it is very common to find a property that has lost a zone or two because something over the years has caused a break in the circuit of heating wire that is ran in the ceiling.