For people reading this - I don’t know the sponsor and this is a general comment but if a sponsor had issues reporting to their customers that should be a giant red flag.

Hi Rogelio,No-financing contingency is definitely more risky especially for first timer.If you have high credit, high liquidity (more than what you need for this deal), no potential red flags, then it could be worth considering.

(So far, I have the tax-assessed value, zoning code, and lot size.)Are there any red flags I should watch for when it comes to selling infill lots in urban/suburban areas like Portsmouth?

Are there common red flags you’ve noticed?

A lot of attorneys sell these structures as a blanket solution, but they don’t always consider cost, practicality, or your actual goals.At $800/year per CA LLC, that adds up fast — and if you're not clear on why you need all three, that’s a red flag.

In fact, it feels like more red tape keeps getting added under the guise of “safety” or “efficiency,” while in reality, it's just making housing less accessible and more expensive.We’ve seen the same pattern across multiple markets: delays in plan checks, inconsistent communication from municipalities, and constant second-guessing on whether a job needs an architect, a draftsman, or a GC to move forward.

Quote from @Julie Kiler: Red flag.

.**🔹 Cabarrus County: 28025 (Concord): Home to the Charlotte Motor Speedway, Concord Mills, Eli Lilly, and major Amazon and Red Bull distribution centers. 

It is definitely a red flag not having a strong online presence but does not guarantee they aren't legitimate.  

Can anyone recommend a property manager for a sixteen unit building in Birmingham, AL except for Red Rock?