The neighborhood has some identical 4-plexes on it that are currently renting between $600-$650.

Bigger Pockets Community, last year I provided private financing to a Real Estate investor, to rehab a duplex and either refinance or sell it and return my funds in six months.  The investor provided updates on the pr...

Is there something I should do due diligence to avoid any fraud/scam?

It also would be a weird letter to send to a lot of the duplexes here in town, because most of them are in subdivisions full of identical properties.At this point I think it's basically gambling unless you're committed to mailing the same addresses 8-10 times minimum over the course of several months.

I am sure it started as borrowing from Peter to pay Paul, however, some of the ones listed below told me he committed outright fraud selling notes & pocketing the cash w/o telling the hapless student. 

Would this be considered fraud?

I was a bit confused by this, since it's clearly built as four identical apartments - each with a matching layout and full kitchen plus a main entryway with a shared staircase.

Engineered wood is more readily available, budget friendly, and absolutely beautiful because it looks and functions almost identically to solid hardwood.

I’m pretty sure he Didn’t mean to get an owner occupied loan and Immediately rent it out, that would be mtg fraud.

The reason they don't like this is many people commit mortgage fraud and do not actually occupy the properties after purchasing them with a low down payment option such as FHA or a first time home buyer program.