That is not fraud.If by contrast you have a proposal where the mechanic says, I'm not sure how long this will take so can you authorize me to just bill the hours spent?

They do have a 7-Day free trial if you want to play around with it. 

So will have to get a loan and be creative with the seller's carry to make it work then bump rents and I should get around a 2.6 DSCR but yes I could play with it a million ways.

Now, don't get me wrong Minneapolis has other stupidity going on right now that in my book makes it dumb to play in right now.

They are 100% appreciation plays, that’s where the wealth is.

To be fully city compliant  you must have an "authorized property" manager that lives in The City of Cleveland if you are out of state.

.- lower turnover- easier on the units when they do move- quiet and less disturbance than traditional, younger- for fixed income, consider partnering with the local housing authority for SEct 8 vouchers, then raise rents accordingly - guaranteed money & the Sr. only pays a portion (if they qualify)Traditional renters- Higher turnover- Higher turn costs- More volatile - higher bad debt- More drug related activities- Adding in children that are hard on units- Higher eviction rates and legal costsConsider all angles before making a decision with the changes. 

If they are, then the lender is playing middleman between you, Title, and the actual investor/wholesale lender who is underwriting the loan.

I've been seeing: AS-IS contract, Sub to addendum, Authorization of release, power of attorney.

Not a fan of D.C. multi family right now prices are high with rates very hard to cash flow and unless you are playing in the 1.5mil+ you are in at best borderline neighborhood’s & also competing against a ton of newer apartments in most cases.