Fires in California, floods in Texas, absurd heat in Europe are just some examples.   

Which would def give you false hopes for a projection. 

Thank you Definitely do not get insurance under any false pretense.

The most absurd thing I came across was a single family zoned lot with 5 separate structures on it with 6 families living on the property. 

In an Air BnB you will probably get a ton of false alarms because the guests will never get used to it like a long term tenant would. 

I can Kilz the walls cheaply enough.People will say marijuana is a liability and that only lazy people use it, but that's a false narrative.

Any false or misleading information provided by the applicant on rental application or omission of a material fact will result in denial.

We just have a few costs here that run absurdly high compared to some other locals such as the transfer taxes.Also keep in mind it is almost a universal fact that whatever quote you get from the GC, the cost at the end is likely to be higher than the original quote.  

Just made another new'b mistake, assumed we could get 95% financing, due to great debt coverage ratio, based on false expenses and vacancy rates!

It gives false hope or sets up false expectations for what other investors can get in that same market.