Fraud: a deception deliberately practiced in order to secure unfair or unlawful gain (adjectival form fraudulent; to defraud is the verb).And it totally undermines the idea behind the rule, which is to offer an opportunity to get into property to folks who don't have an extra 10k or so to throw down.

Certainly sometimes things go from good to bad, but it would be pretty hard to be around here for 8 years deliberately snowing anyone, which was what your original post stated. 

Its a deliberate underpricing to draw interest.If you want to get a good deal, make offers on at least 10 different REOs.

If you claim there is no damage and then deliberately hide damage by "covering it up" you are opening yourself up to being sued.

I was extremely nervous about it as I was a big time Dave Ramsey no debt guy.... but after much deliberation I found some peace in it.

In fairness to the HOAs, I think they are deliberately difficult because of past dealings with certain types of landlords, flippers, etc.

They may be deliberately understating expenses.

Though we have owned a number of properties for a few years, we only recently came across the issue of a tenant having a check deliberately cancelled on us on their way out of the home.

While it's very easy to become obsessed and try to expand your portfolio as quickly as possible, I would caution you to take slow, deliberate, and calculated risks. 

I deliberated over the flat / non-flat decision for a long time.