However, it will lull the unassuming investor into a false sense of security.

Sounds like you have had a couple of false starts on getting the right investment property secured.

yesIt would seem that if you claim "owner occupant" and you are not the owner or not the occupant, then that would be a false statement/misrepresentation, and therefore fraudulent...However, it is quite common for a person to obtain an owner occupant loan, live in the property for some time, and then if life circumstances change, they may need to rent a portion of the property or even move out and hold the property as a straight rental investment property, without changing the status of the loan.... 

Also RTR claimed $6K in closing costs on their pro forma and that is basically false (in my opinion).

It's also worth noting how absurd the lending situation was back then.

Or is that person creating a false sense of urgency for you to get it under contract?

The past 15 applications I received were submitted  under false pretenses by people currently being evicted, who have applied under an alias, provided fake pay stubs from non-existent businesses, at least 5 with multiple convictions  for  combinations  of assault & battery, arson, failure to return a rental property, and felony vandalism of rental...

You should have 100K or more in equity to protect before it makes sense to spend that money - compare that with how much you spend in annual insurance for the same property/equity under the same FEAR principle (False Evidence Appearing Real... or what if's).Since I visited Holiday Inn often, here is an Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagram And an Asset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection:  https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2And how a fully implemented asset protection layout might look. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structuresBonus: What is needed for a complete asset protection OR the domains that need to be intersected to find asset protection. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagramAnd if all that didn't get you utterly confused, let me add to it - since AssPro is not cheap, I spent numerous hours researching from multiple sources the whole LLC question and asset protection matter and all the rabbit holes it opens.

This would help first time investors make better choices and avoid overpaying based on what is essentially false advertising.

Your offers are absurd.