The fact that you are working with a loan officer who is coaching you on committing fraud, you may want to change your circle of influence. 

How about realizing that when you use the current property taxes of a property you are buying to calculate your per door profit that the following year your taxes will reset to what YOU paid for the property and will likely significantly increase your tax expense - which can take you from a positive cash flow to a negative cash flow on a low cash flow property… now you are paying your tenants to live in the property every month out of your W2 income  hoping for an appreciation play until rents hopefully increase.I could go on and on.  

Since COVID, the demand for cash actually increased, so this is a recession resistant play.

Rent roll is $12,000 and increases to $13,000 in April 2025. 

Quote from @Lionel Quiambao:  ... and maybe throw in the option for the tenant for more speed at an increased rent to cover the additional payment. 

Overall nationwide cap rates are rising because of interest rate increases.

(covid, historic rate increases, etc.)

Without major rent increases, multi-family property values tend to stay flat.

This has become increasingly popular after the suit settled 2024 with the National Association of Realtors regarding commissions and client representation.see article:  https://www.cnn.com/2024/03/15/economy/nar-realtor-commissio...Good luck!

In terms of feedback from our team, we’re leaning towards buttoning down the hatches, keeping rent increases low, and focusing on maximizing occupancy in our New England markets.