Loan Fraud is never a good idea. 

If you believe there was fraud you can always mail a copy of your offer to the bank with a note questioning if they received your offer and had reviewed it prior to making a decision.

2 duplexes for 162kZillow estimates they are worth 84k and 85k eachThey are both mostly brick, identical, and right next door to each other.

Hey @Raffy PasionAs others have mentioned its going to be a bit hard to make that amount work well on an out of state investment.In addition to finding it and making sure its not in a war zone, make sure to consider that:You'll be a small fish for the property manager, they'll have other clients with more properties that will be at the top of their list.Your PM will know you are out of state and there is greater potential for fraud issues thereAnytime you want to visit your properties your going to spend 2 days traveling and $1000+ in airfare, hotel and rental car (This could alone could eat up half a year of profits and kill your returns)I think in this situation you would be better looking at doing JV deals on Oahu or an outer Island.  

If you paid 100k and put in $50k and the identical house next door sold for $200k you'd likely still come in at 150kOn my last deal I told him I wasn't going to give him my sales contract.

Again your CPA would be the person to talk to about if or how you could show a higher income, I don't know the laws regarding write offs nor am I suggesting anyone commit fraud in anyway.

He didn't have any proof of identity.

That is how a lot of dishonest FRAUDS operate.BTW--if you think deals are all over the place, I would question your ability to spot them.

On top of that, many of those FRAUDS AND SCAMMERS are operating illegally.

I wish it were that easy, but even if you were to somehow get away with it the bank would look at it as fraud of a sort.