They call it fraud when you screw it up, and can enforce penalties, interest and even jail time - that's how they got Al Capone.

go to the dollar tree buy those dollar boards, split them in half, write we buy houses on them with a Google number on them and nail them up around town.

@Joshua D. nailed it in my opinion.Frugality is all relative.

California has a 12% cap on income taxes, but has a great property tax situation with prop 13. 

It's a 5 unit strip center in a good location with two nationally franchised tenants, their store, a hair salon that has been there for a long time, and in the process of signing on the last unit which will be a nail salon.

The main issue is if the nails are coming up and also you can only do it so many times.For the bathroom  I would be inclined NOT to use laminate, it is not so water tolerant.  

Trying to do so is a great way to end up in court and getting nailed as a creditor.

It's tough keeping fees and points under the 5% cap on a $40K loan.

I have never been told there was a cap on the number of properties that could be insured by this broker.

I just saw red flags when I saw it, and your post, was the nail in coffin.