Imagine a $2M loan not requiring a down payment.

I would imagine that it would need to come down when renovating. 

It is a lot of money so I imagine there should be a contract of some sort. 

I imagine though in my opinion not as a legal professional that the seller being the bank would be much more likely to get in trouble.

I imagine you want the lowest down payment ?

And although @Michael Plaks makes a great case about tenant destruction (he doesn't trust anyone :), if your model was a short-term rental you won't have nearly as much wear and tear I would imagine. 

I'd imagine a lot of people would like clarification on those discrepancy's that were noticed in the thread. 

I imagine there are many areas that don't allow STR's.

Imagine your mortgage going from $1500 to $3000?

Imagine you put the $100/mo aside telling the bank it’s “insurance”. 2 years later the house burns down and the account has $2,400 in it.