Don’t fall for the red line that looks close to a 3 or 4% drop occasionally.

Most have red-lined the subdivision where the house is located as "Karst Sensitive", and won't insure at all... or won't cover sinkholes if they do.For what it is worth, I bought seven from this auction company last month, all from the same "owner/developer", and the tenants have mostly been good ones.  

I typically see attorneys billing at $250-$600/hr in our market and think the average PA for an easy deal of that size would be around 4 billable hours for the drafting plus whatever consultation was required and how many iterations of the PA there have been (redlines etc). 

There is no financing for this to speak of commercial lenders will redline to the cows come home :) and investors with the knowledge and sense will understand exactly what Tom is saying and this person will be lucky to sell these in bulk for 10 to 15k a door..

Ideally, I'd like to find something close to the Red Line, but could make neighborhoods off of the brown and purple lines work as well.

The area just West of Howard Red Line used to be rough area and now it's got some nice restaurants I just did a 3 unit house hack client there and numbers worked where they are living almost completely free.

This seems to be like a red line to me, especially if you need to properly identify a tenant to collect damages.

Updated fence provides privacy & ample space for pets & children to play. 2 blocks to Monon Trail, Red Line, State Fairgrounds, Library, local shops & eateries!

The purchase and sale is usually a REDLINED word document between buyer and seller commercial attorneys.

What you've done can be considered steering or redlining.