Many of which are savvy BP type clients who are doing updates/raising rents and then the buildings do cashflow positive even with lower down payments which produce amazing returns (at 3.5-5% down you get close to a 50%+ return a year just off mortgage paydown). 

I was told initially that commercial deals(5 plus units) were based more off income property is producing than personal credit/finances but that's not entirely true.

Your primary home doesn't produce cash flow and is a pure expense.

However, if you could buy a 5-bedroom home and rent out four of the bedrooms, then it's probably worth the trouble.

You are correct that they are headed for serious trouble. he number i called..cant remember his name but if you see other posts on here he has posted 9196045703 Brent? 

The IRS generally does not allow you to deduct expenses for a property that has not been placed into service, as deductions typically apply to operational properties actively being used to produce income.

I put the cash from the refi back into more mutlifamily units that produce more rental income. 

Though it may cash flow well based on their current debt service, when you compare the income it produces to the equity they have is it actually even a good investment for them from an ROI perspective or would they be better off liquidating and redeploying?

I understand it is linked to a bank but was having trouble discerning how it imports outside transactions not from the partner bank. 

Navigating the Surge in Rental Application Fraud: A Guide for Landlords and Property ManagersIn recent years, the rental market has experienced a troubling rise in application fraud.