Multiple older units identical to mine are now selling for ~$165K, and I now own 3 in this community, the others of which I got for $109K and $129K.A client of mine is working on a flip right now and since I'm more buy and hold and this property did not meet my criteria for a rental, I aided him in the purchase including connecting him with my lender and my contractor is handling the rehab.

* One important thing I want to add here is that I don’t encourage mortgage fraud or lying on mortgage applications.

Not just the real estate sales side paperwork but, the OFAC paperwork, the regulator of the financial institution paperwork, the compliance, legal and fraud part of the paperwork, etc..

It's mortgage fraud...And unnecessary.

Find an agent who understands your goals and investor identity and build on that chemistry.

Refusal to produce the books for inspection will require a suit to make them.If a review of the books looks like fraud or embezzlement, a suit for an accounting will require them to produce receipts.  

@Jack Baczek consider 2 properties with identical benifits.

., can lead to fraud and identity theft. 

Units 1 and 2 are identical 1 bed and 1 bath, roughly 500 sq/ft each. 

Yup....we can in some specific locationa see a $200k variance on identical houses across the street from one another.