Red flags are foundation issues or less than ideal neighbors.

If you had a year lease and ran into issues that were outside of our lease agreement you simply couldn't kick them out. 

What are some of your liability and insurance challenges in your area?

My partner also has great credit.Will we run into a lot of issues getting financing if we invest together, underneath an LLC?

So technically one day out of three was pure lunch+ breaks.

I believe owner financing is quite common in this asset class due to the issues with financing.

Guess doubles are good tooBut heres the issue, every time I find a new property, get it, start demo, do the numbers, I tend to say "this will be my highest margins yet" ....... then the closing costs come and Im furious. 

So I spoke with the other lenders and they told me they have not had that issue.

The owner allowed my family to move in due to issues he had with past tenant .

For example, to bring them a deal, or something else that ideally helps them solve any issues they are currently having.Best of luck!