They do this either by lying about the true value of the property or by finding sellers who are so desperate to get out of a bad situation that they'll take a bad offer just to put out whatever fire is going on around them.For the record, Mass law is crystal clear. 

Crystal Cove Home With 30-Car Garage Listed for Sale.

If I had a crystal ball it would say “ain’t gonna happen”.

Factor in the possible replacement/repair costs and if the numbers still work out, the property matches your crystal clear criteria, and it looks like it will be a strong profitable deal, then take the next step - Otherwise, let it go.

Best to make your requirements crystal clear at the onset:(1) Credit Check(2) Background Check(3) Income Verification(4) Landlord ReferencesThat will turn away many folks who you would have likely denied anyway. 

@Crystal McVayHave you spoken to your local bank?

Obviously you should sell your primary home and start renting if you have that good of a crystal ball. 

@Crystal Shepherd not sure where you are looking at doing it, but get ready for some legal issues if you call it Hobbit.

@Crystal H., here are the things I think of when I look at your analysis:Who is leasing the property?  

Thanks for the advice.Thank you Crystal, something i will talk with my agent about!