I think it is the most absurd thing in the world!  

I just can't see any use for using fudge factors in any way for REI...there's too much on the line.If you use it as an initial filter you will find a number of false negatives and positives.

The next step is fraud, false information provided to an insured lender in making a loan or foreclosure defaults to bank fraud. 

We have never had a tenant make false reports to authorities.  

I am just giving my opinion that the ARV's on this site are ridiculous and giving some ideas for how to improve them for the benefit of the site.Even though you expect to do due diligence, if you continually find false information you begin not to trust the site.I check out everything my Realtor tells me too, but after a while when I discover that it all checks out as bogus, I get myself a new Realtor.

I'm guessing I will also find out at the same time if the person furnished false information because the credit check will not go through? 

It is why we worry about changing regulations and neighbors and a truly bad guest to might even falsely report hidden cameras or other things.

Which would be false.

Well guess what, that’s a false feeling of safety.

He was falsely led to believe his second floor tenant was a decent candidate.