Seller paid for 2nd independent appraisal, where appraiser massaged valuation into $305K.

For example if a licensed brokerage is audited by the state and they cannot furnish buyer broker agreements for active clients the division could fine heavily the brokerage or remove their license.

This would only ever come up in a formal IRS audit, but the regulators don't like 1031 properties that are purchased below market value or rented below market value.  

Example: "I want to build financial independence through real estate investing.

Likely owned by GSH Ventures,another retail multifamily real estate schemeElisa Zhang is a real estate finfluencer, formerly a computer engineer, who markets herself through the ElizaZhang Financial Independence University41.

I am embarking on a journey into the real of residential real estate investment to seek financial independence, generational wealth, and the freedom to do as I please.

You can easily get audited and caught for mortgage fraud for putting in a 12 month lease.  

They have in house salesmen but they also let independent agents called Brokers sell them as well because you can never have enough people selling your products.So, the way you combat that is call a bunch of places. 

They usually source it to a company that specializes in this area and offers audit defense if the client is ever questioned and at no cost.

In my senior seminar class, one of our assignments is to identify a mentor to meet with in person or virtually 4 times this semester in an industry we are interested in pursuing upon graduation.I would love to connect with a bigger pockets member that has experience in personal real estate investing for themselves or who has work experience in a specific field that has allowed other people to achieve financial independence through real estate investing.