1) It is illegal for the listing agent to allow a false offer to drive up the price.

-  False. 

It was the most absurd contract I'd ever seen and we obviously reported the wholesaler (who was a broker) to NEFAR for soliciting to another member's listing (highly unethical).

Even if the claims are false, it can be a major headache to defend.

Also, I'm not sure why she would tell you that, but don't fret as that's totally false.

If you do not intend to occupy the residence and sign the paperwork under false pretense stating that you do, then that is mortgage fraud and is a felony.

It would be like paying yourself to manage your own property which is basically claiming false expenses and tax dodging.I don't see any issue with using your handyman services and getting paid for them, that is a straightforward deal if you own a legal handyman business and file taxes for it. 

@Stephen E.The tenant supplied false data, sure could be fraud, charge a tenant with Fraud, not sure what precedent you want to start where couriers are liable for the information they provide.

Most of them want you to buy on pro-forma financials, which seems absurd to me, and provides even less cash flow.Also, are you looking for value-add properties?

One lender told me yesterday 'only 80%,' but then why the hell do I see short sales where people owe absurd amounts of money on property that should never have been loaned?