Insurance fraud has doubled in the past ten years.Insurance companies are in the business of making money.

Purchase price: $515,000 Cash invested: $128,750 Textbook quadplex buy and hold right outside the DFW metro. 2 story brick building with 4 identical 2 bed 1.5 bath units.

If you really want to dig into this watch the American Greed episode on Remington financial and google Ingrid Robinson loan fraud  due diligence fraud she has a great website on it and she was the victim of Remington. 

It has gotten SO bad that people now start to accuse US  of being their students or ripping off their material.STOP supporting fraud.  

Safer for sure.The main risk with Sub2 is that it's mortgage fraud, lenders do sometimes take the house when they find out.

After everything was fixed and they listed the unit, apparently they claimed that I was not allowed to have any understanding of who would be renting my home due to potential bias and discrimination (this is the first time I have not been able to view applicants general profile (credit score/occupation(removing any identity markers)), but fine, I let them choose the tenant and so far there hasn't been any issues.

I recently had an applicant who supposedly had their identity stolen.

I was naïve and inexperienced, and I accept some degree of blame for this, however I feel I have been very misled and there appears to be no accountability for this.Are LPs able to file a Suspected Securities Fraud or Wrongdoing report with the SEC?

You never know, if they are found to have commited fraud you might end up getting a big settlement.

I just purchased 24 units (three identical 8-unit buildings) that share a parking lot.