And for sure do not do this to any bank or regulated agency that is out and out fraud.

My home is much more updated than any of the other homes of identical size and layout that have sold in the area.

The last thing you want the bank to think is that you took advantage of the low down payment and interest rate of a primary residence home but then quickly turn it into a rental property because in essence that is mortgage fraud.

Anything different is tax fraud and mortgage fraud.

You can find lots of frauds and scammers but they have to hide their activities.

I think it *can* be, just as it can be socially irresponsible (or simply ethically/morally neutral), and I'm interested in determining which RE practices fall into which category.Similarly, wealth certainly *can* result from deferred consumption, but it can also be inherited, or earned through a high-paying job (regardless of whether one buys designer handbags or not), or accumulated via practices that negatively impact society (i.e. how about those big bankers/brokers/execs who committed fraud that basically initiated the sub prime mortgage crisis).At any rate, it sounds like you feel you are adding value to your community through your real estate investments AND earning a nice profit - and that's the sweet spot!

Furthermore, FL tightened the statutes to read that those using contracts to circumvent licensing law are considered to be brokering.Here is the FL statute..and it is not coming too late to deal with these frauds and scammers that broker without a license:475.43 Presumptions.

You guys heard he filed a bankruptcy in 2012 because of tax fraud, right?

Hey Bryce, I'm from the area as well and it seems we have identical goals.

 If you want to PM the identity of this person/entity I could tell you if I know anything about them.