And this is not the case for a true flip, as in Basit's #1.Mentioning #2 creates a dangerous incentive to ignore the rules applicable to flipping and rely on a flimsy declaration of "intent" to hold the property as a rental. 

It is mortgage fraud, you really don't want to land in court over that.

Interesting article for any new construction owners with a 10 year tax abatement who received significant land value increase: https://whyy.org/articles/recent-court-ruling-opens-door-homeowners-appeal-tax-bill/

Mortgage 15/1 arm at $3.375% with max 4% interest increase due 15 years from July 2015 (Aug 1, 2030).Current condo monthly maintenance fee : $1036 includes water, amenities (pool, tennis court, concierge, gym, sauna, community room with pool and ping pong, maintenance)Current monthly mortgage payment: $499 interest, $504 principal Monthly taxes and insurance: $459 monthly contents insurance: $38Past Assessments: $11k for building HVAC upgrades $8k for building updates and building reservescurrent market value $400k - $425kcurrent  monthly rental median: $3100-$3200monthly landlord insurance: $45I'm also trying to decide if I should rent or sell and invest elsewhere.Appreciate all insights.

If that's the case, while I agree you should submit the claim to your title insurer and not the agent who issued the policy, I suspect the claim may denied as a matter occurring after the date of policy and therefore excluded from coverage.I handled a similar title claim and found courts had found that a tax lien as a result of a reassessment of the property became effective when assessed and was not retroactive. 

I had a court date and the tenant removed within 3 weeks.

They can be used against you in court, even if you didn't do anything wrong. 

We filed to have them evicted and the court issued a writ last December.

Owners cannot get them out and have no support from the court system.

Moving on there was something that stuck with me while being here which was “Write your declaration of independence” meaning defining what will set YOU free.