Sorry to be wordy but just wanted to put my two cents in that I feel it is an ethical thing more than anything.  

Of course, I'm assuming you are ethically and legally wholesaling properties. 

In principle, if that's where you'd like to live for the foreseeable future, then sure, paying off a mortgage and keeping it maintained for about the same price as you'd be paying in rent anyway, is not too bad an idea.

My motto and one of the investing principle is " Never Ever Be A Motivated Buyers" Don't be desperate to get in to a deal, this could cost you dearly. 

I think it would be a more ethical option all around and less likely to get you accused of bank fraud.

I don't know what legal recourse they have but ethically I'd want to make it right.

So he taught me how to operate as a principle not a realtor.

These are professionals with additional training and a stricter code of ethics.

Nothing to do with ethical or politically correct reasons.2 contractors, both same years in industries and both have identical knowledge and skills.One has one leg the other 2.I am hiring the one with 2 legs, because he will probably be faster, less likely to get injured on the job, etc. etc.These are just facts.

I don't think this is very ethical as you technically don't have the cash.