I know this from personal experience on multiple occasions.

There has been several occasions when values have declined or repairs exceed the budget the the real estate investor makes little or no money but the lender still get paid back with their interest.

In fact, on several occasions, we've told buyers that they could have whatever they wanted for a full price offer.

We took out carpet and put down linoleum for a tenant in a wheel chair.On more than one occasion social service support agencies have done the modifications (with our approval) and paid for it.

The corner markers were placed spot-on in the 1880's and I was able to find them with the GPS hand held I bought for the occasion at 42.330971, -119.869732 or (42°19'51.5"N 119°52'11.0"W) .

If you have evidence that the PM lied on several occasions, you may have grounds to cancel your contract. 

I advise young couples to invest in a single-family rental home on the occasion of each child’s birth.

Although it might be better to have it strongly recommended, rather than required, in the lease.I have seen occasions where having renter's insurance actually SAVED tenants quite a bit of money because it qualified them for a multi-policy discount from their carrier on their car insurance.

We have done it on numerous occasions.

You can use FHA financing for approved properties up to 4 units if you have a 600 credit score and the down payment is 3.5% of the purchase price unless the appraised value comes in lower than the purchase price (rare but it does happen on occasion).