@Amanda Gust - GA is a tax deed state and they call it a  Hybrid state like TX because you do receive a tax deed but there is a 1 year right of redemption.   

Not only it is mortgage fraud, it is impossible to pull off because these days lenders compare your application with the IRS transcripts.I also urge you to pay attention to a crucial point made by @Linda Weygant: you cannot just forego available deductions to create higher income.

But mostly, it's just a good cleaning with extra attention to kitchens and bathrooms, carpet cleaning if there is any carpet, and that's it.I, too, self manage, and I'm glad I do. 

Moment number one – after receiving my real estate license and feeling I was spinning my wheels, my employing broker used two comparisons for me.

We have two properties in a distressed area that need some loving attention.

The income calculation will be based on the limits in place at the time the program opens.Homebuyers must contribute at least $500 of their own funds toward the down payment and closing costs, although 60% of these funds may be received as a gift.

We received for the first time a 1099 Misc. from a Commerical Tenant of a property for rent that is held in our Self Directed IRA. 

This will let the lender think that the sellers are still involved, but in the event of an insurance claim, they will receive nothing because they don't have an interest in the property. 2.

They are really attentive and helpful if you have any questions and they do a lot of Bergen Cty work.

these quotes are outrageous.. my mortgage broker estimated my monthly mortgage on a $1200/year insurance policy, so everything isd telling me insurance should not be 2600/year but those are the quotes im receiving, any ideas?