Asking a question worded in the above manner just provided evidence of the intention to carry out such activities and I'm sure HUD as well as state regiulators read these forums.

Speculation is when you buy and have no evidence or reliable data available to base your expectation of profit upon.

Photos and evidence to support the value must be provided.

Show the pro rations for taxes and insurance on your HUD, this will evidence the requirements mentioned above.

A Master Lease could work very well with a troubled property.You want an apartment building where a hidden value play is evident, i.e.

Even the fact we are going down this rabbit hole of breaking it down to some extent is evidence of that.the 50% rule should be a quick and dirty screen to decide if it is worth doing more due diligence on a deal.

Now, having said that, it is evident that these "separate" transactions are done, and most go undetected.

While they may be evidence of a lien release, its possible they may dispute them later, also most county offices require a document to be notarized to be filed in their land records, and finally if you go to court a notarized document is self authenticating, meaning you do not need foundation witnesses to establish its authenticity.

In the event you feel that any information is incorrect and provide evidence of different circumstances, please contact us to correct your application.

That would imply an uneducated decision based off no supporting evidence other than what I can randomly hypothesize.