I knew coming into this one that it would put me in red, but during tax time it pretty much washes with write offs.

I would want to check their background for criminal behavior and if there’s any scary red flags that may affect others around the area such as child abuse or a history of drugs or rape

The game your looking at is depending on real estate appreciation, which you would be better to take your money to the closest Casino and put it all on Black (or Red if you like red better).

Better Social Media Marketing Tactics: Facebook and other social media marketing has almost come full circle, back to its original roots.

People who form their own LLC may as well do their own root canal. 8.

Strength of borrower, strength of project and how much red tape or flexibility you want will also have factors in determining to go bank (if feasible) or to use private or bridge money. 

Make sure you take that into consideration.You can deduct the expenses and  it is not a red flag.

My garage drain is draining very slowly and I think that it is clogged with tree roots.  

Am I missing anything or are there any red flags I should consider?

This isn't to say that you can do lesser quality work--especially when it comes to your mechanicals--but you won't have the pressure to make a sale at the completion of a rental, because it will be appealing to someone looking for somewhere to live for a year or 2 as opposed to having to meet the tastes of someone looking to put their roots down for 30 years or more.In that time, you can learn about drywall, plumbing, electrical, and how much material costs overall, while not having a super pressurized "out" date, or being worried about when to list.Starting with a nice, boring, 3 bed 1 bath rental is my advice for newbies, as you'll learn about what it will take to flip, without having the pressure of a flip over your head, or having your money tied up in.Also, investing by being a lender with someone more experienced than you may give you a good insight without having any pressure at all, and only observing the process while awaiting a check with a return at the end.