We have done something similar and the way it was put to me by a lender/friend, you only guarantee that you will live there a year, and the odds that the mortgage company will send out someone to investigate is incredibly small.

Hey doug do you encounter the issues where alot of peoplease do not know how to investigate a property?

Make sure you visit the areas and investigate the property and do research on the company.

@Alex Deacon Luckily it is not 100 calls...After driving for Dollars with an app I am thrilled with, I investigate and do my due diligence.  

Either way, if you are investigated, don't think for a minute your plan will actually hold up in court or against any other review.

This step may require serious investigation...if someone "made a mistake", ask yourself why did they make that mistake?

Very interesting points and investigation you’ve put together.

Exemptions exist at the state and federal level and each has its own set of rules, such as describing minimum investor financial qualifications, advertising prohibitions, dollar limits for the offering, limits on the number of investors or the amount they can invest, etc. e) Most exemptions are self-executing, meaning the the syndicator has to keep records showing how they followed the rules in case of an investigation by a regulator or legal action by a disgruntled investor.

If it quacks like a duck it probably is one.Sounds like the ex tenant is guilty of fraud, and it should be pretty easy to prove when the banks investigate.

Police in this country have to base their investigations on probable cause especially when it comes to entering someone's home or property, which requires a warrant from a judge.