and the second anyone starts looking into it, the info get's even more obvious of fraud... but Justin or the broker (usually the broker) try's to rush rush rush and that's where lenders make mistakes! 

Some people just don't have good mentors in there life, and/or need to learn through mistake.

For example are they making a major mistake?

I beleive whether they count your paper losses as actual losses or not is determined if your lender has any overlays or not.Someon ccorrect me if I am mistake. 

A CPA can make sure you maximize those benefits (like depreciation, mortgage interest, repairs, PAL, etc.) and avoid costly mistakes.

Your clients are motivated sellers.You can NOT convert people who do not want to sell  (below market value) into people willing to sell below market value.The mistake people make (constantly) is their efforts are based on forcing non-motivated sellers to sell, by constant harassment.This is wrong.Instead of mass mailing blanket mailing,  and putting your energy in finding random people and forcing them to become motivated by putting a ton of effort and money into follow-up, you need to focus on targeting the RIGHT people.People who are actually looking for your service.Hopefully, it changes your perspective and you can improve your business.

A professional can ensure everything is done correctly and help you avoid any costly mistakes.

Those examples are not the worst thing that can happen to you. 

This can be very expensive and is usually the worst choice because you can't justify the cost.2.

Now as I’m researching on the BP forums, I found a couple comments about this.I will either have to wait till next year after filing 2024 taxes, to apply for low money down with FHA loan or find another way to make this work.Just wanted to post this so it may help someone else not make same mistakes.