Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison. 

They will continue to get 360 month loans for the 'cash flow'.

Until whoever is sending you these opportunities has the conversation with you on how much you'd like to make on a deal, how you figure your ARV and how you plan a rehab/ costs they are likely going to continue sending you opportunities you won't find too appealing. 

If you believe it will continue to appreciate (like most of San Antonio), I would hold on to it even if there's a bit of negative cashflow for the first year or two. 

It's crazy to think seller finance owners are willing to fight over $6k on the list price but won't pay $3-4k to have an attorney draft something they can enforce. 

The fighting over them is endless.

@Alan Asriants I continue to BRRR year in and year out.  

At the numbers you are talking about and where the market is heading you could pick up some very high quality NNN national credit tenant properties as commercial continues to recover. 

Although I don't have much experience in this field yet, I am passionate about real estate and hope to continuously learn and grow in this industry.

Will we see home prices continue to beat year-over-year values yet again!?!?