Lets assume for simplicity it exceeds the 1% rule and rents for 1600 a month and your costs are right at 50% so it cash flows $800 per month3) $150k used to put 20% down on 5 houses identical to the one in 2) above. 

Saturday night, I was locked out and was told facebook needs to verify my identity and they requested a picture to be uploaded. 

I noticed you mentioned nothing about that, or that you might be a registered non profit, attorney or other exempt from licensure entity and, I'm sure you pointed the borrower to New York consumer protection agencies so that they could understand their rights and protections that may be available to them against foreclosure rescue fraud....but then again...you're a fast learner.

now so far I have not run into a fraud..

@Bonifacio Capuyan If this contractor remains unresponsive and doesn't settle soon, I am a big believer in making his fraud public - naming and shaming. 

Probably not, in which case you'd still be depreciating the old furnace which is tax fraud.

Part of the risk for realtor women is they are meeting strangers of potentially unknown identity.

It is identical to what the electric company uses .

Mortgage fraud can result in very serious consequences!

In fact it is mortgage fraud.