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A pretty obvious red flag would be a listing that looks well and good in the ad, but when you peel the curtain back a bit in a pre-rental inspection, major problems start showing.
Related: a place listed as having new appliances and such but the HVAC system is 20+ years old, like, and this is more unique to single-family homes than apartments, but if you go to a listing that's advertised as having new stuff in it, but when you go around the back yard and see an A/C condenser unit from the '00s or earlier sitting there, that's not the best of signs that everything else about it is on the up and up and in line with the ad.
Also, someone charging $700/mo+ for a beat-up flat worth, maybe, $250/mo.
Similarly, if a place uses electric baseboard heat, that's a very good sign that it's probably a slumlord special as electric baseboard heat is one of the simplest and cheapest, if not the simplest and cheapest types of heat to install, and the place probably uses windowshakers for cooling. Like, say someone buys up an old home that predates central HVAC, and they got by with the minimum viable to make it somewhat livable, they could just put some windowshakers and electric baseboard heaters in, and there's your cheap and easy HVAC system, and then they could charge some stupid rent amount for it.
-sigh- No wonder landlords get a bad rap pulling scummy shit like that.