I don't see that happening as a source action, as a ancillary amplifier effect from a different catalyst like say a Dollar Default, yes, but not standalone action, too easy to keep kicking that can. 

Just give it some thought.Not sure on your finances but I would go larger than smaller, so say a quad instead of a duplex if that is possible for you.I would keep your credit as clean as possible.

I do not take one thing they say as truth.

The realtor, the broker, the lawyer all knew it was a rental and didn't say a thing about mortgage fraud so i'm not worried about discussing it.

Remember, you can also borrow against your 401k if need be (say a really sweet deal comes along) and the benefit of that is you pay yourself back.

I have to say, as convenient as it is we still see an awful lot of volume with physical checks still.  

Speaking of room though, my folks did say a biker gang came through for a night and in the morning they looked out to see a very large guy on the front porch trying to wedge himself into black leather pants.

Right Kasey, what we say as agents/brokers isn't necessarily the legal agency relationship. it is confusing, think it's bad now, should have been around in the old days making that change. 

Is this similar to, say, a non recourse loan? 

What would a typical home inspection cost for a building this old with 4 units and would that be that much higher then say a single family home?