Rental Income every month, no need to work just chill on the beach.Many of us have the same dream I guess :).Dubai is same like UK, heavy prices for real estate, without some money a no go flag!

How would you characterize your area, is it low income rental properties or more moderate income properties owner occupied?

That's a huge flag.

If you don't feel comfortable and you see red flags already, then don't do it.

That is definitely some red flag to me.

YELLOW flags here, all over.2.

HOA on new property isn't a "red flag" unless the HOA is grotesquely mismanaged.

I don't put up a sign when renovating because it is a red flag that says "Come Steal my copper pipes, I'm empty!"

There are long standing checks and balances in real estate and attempting to circumvent auidt trails send up more red flags to overcome.

That way they can review the credit and the tax returns and spot any red flags ahead of time.If you are not comfortable with that you could require a copy of the pre-approval from the actual bank.