Not aware of a lender that will lend based upon "projected" rents, as that would potentially lead to a lot of fraud and then loan defaults.Why don't you buy a rented proprety with a lease in place?

I’ve identified two comps with almost identical floor plans right around the corner. 

But if a potential client came to me with this case I would 100% take this agent/property manager/landlord to court on consumer fraud. 

This forum is becoming like more of a diary of sorts but it's nice to put thoughts out into the universe.So, I'm realizing my identity or "lane" as an investor which is a developer.

She is proposing mortgage occupancy fraud.

A better question is are they doable without committing fraud?

Let’s pretend it’s not obvious tax fraud.

So, a disgruntled investor in a properly done Reg D offering would have to prove fraud or failure of fiduciary responsibility to be successful in a lawsuit while in a private offering relying instead on the general exemption the burden of proof would include many other charges, such as non disclosure, inappropriate investment, due diligence failure, etc.

Do you know if there is any way to go after the seller for fraud to get the additional monies spent back or am I sol on that end?

If your doing a 2nd home 10% loan to male it a STR that is loan fraud unless your mortgage provider agrees to it.