Banking laws allow the business to pull back all those fraudulent funds, going back a year or more in some cases.

Most of the other applicants fell into the "may or may not pay rent on time" category but were good people.The two year lease is a bit of a gamble, if the tenants are bad.

There may a real estate boom but it’s not everywhere, select neighborhoods you have to buy well in advance before it gentrifies to make your money and that is still a gamble.

So if someone tries to rent from me and has an eviction I am gambling on 2-3 months rent plus 2,000 dollars in attorney fees that they will always pay on time. 

Areas like Vegas (gambling), Florida (tourism), and Detroit (manufacturing) fared the worst in the last recession, and I predict will do the same in the next one.

A perfect example of how fraudulent and broken our government is.

Renting LTR to an LLC you 100% own, and then having that LLC rent as STR, would probably be seen as a fraudulent attempt to circumvent the FHA requirements.

Too often I read posts where it explicitly states that Appreciation is a gamble.

not being in my main USA market, I still will only invest there with extra, non core money.3- Indiana Jones type adventurers/thrill seekers- like my friend who brought in Baja, they let the mystique and romance of the land take precedence in what amounts to a pure gamble.

Likely your going to have to bail or gamble and complete the closing.