How did you discover that the application was fraudulent? 

I seriously doubt he has any secret sauce to STRs.

I am really excited to have discovered this community and be able to gain insight and knowledge from all of you! 

I think they have discovered that they need to be more careful with their underwriting than that and have started to pivot.

Recently discovered a limit in City of Alexandria on STR as well. 

I had a company in Michigan that would guarantee to pay to fix any major miss that are discovered within 90 days of their inspection.

I recently discovered this platform and my wife and I are looking to purchase our first rental property?

The year before informing me of this divorce he had begun to secretly take out several loans on our joint banking accounts and against 2 of the 3 paid off vehicles then didnt pay them.

I usually borrow 1/2 at 6% giving an 18%+ return.On flips, which require work, I budget for 20% profit over a 6 month period.The secret is that your profit margin has to be great than your cost of money.Hope that helps.Bill

It is no secret since Hurricane Ian insurance has been ugly in the Sunshine State!