Any suggestions on what else I could do with my valuable service?

In your situation, your partner is putting up all the money and you're putting up nothing so if the entire deal goes south, you walk away and gain valuable experience and your partner will have paid for your education.Here's what I would do if I were in your situation:Don't spend the entire chunk on one deal.

@Kevin SeithWelcome.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

@Cheryl LebertWelcome.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

The type of Fraud are identified in the FNMA Selling Guide(1), page 134, which include:...misrepresentation of occupancyOn page 1167, Verification of Owner-Occupancy, does indeed spell out post-closing review guidelines.As a practical matter, Fannie Mae form 3034 (Uniform deed of Trust) requires the occupancy of the property as borrowers principal residence for "at least one year after date of occupancy."

As far as the financing, you will need to get acquainted with multi-family underwriting procedures since a 5 unit will not meet the 'typical' 1-4 family underwriting guide.

Check out the tab up top labeled "Learn" and make sure to go through the Beginner's guide.

Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

Be sure to check out the Beginner's Guide, Blog Posts, and Podcasts.

Thanks Joe, Funny, I was just cross referencing with your survival guide.