Faking a foreclosure would require thousands of dollars in fees, months (if not years) of time, an incredible degree of knowledge of state and national foreclosure rules and procedures and balls the size of a house to expose one's self to the prosecution that would more than likely result from the fraudulent action.

This criteria is for 1-4 and 5-8 unit programs.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Also is you purchase say a duplex and plan to live in one unit you can use the income from the second unit as long as there is a tenant with a 12 month history.

Hi, is a condo that I owne, our ceiling is damaged by upstair unit radiator. 

I am just starting out in a duplex unit near Cleveland Ohio. one of the unit needs work and that got me some trouble getting property insurance.

(I know COC ROI >= 12% and cashflow of $100 per unit at a minimum) Is there anything else I should hone into?

Been struggling to get a loan from big national bank

I pay one month's rent for placement and a flat $85 per unit, per month. 

how many units under management?

You need 50 units for 10k in Milwaukee, so you have to pick up 10 doors every year to make it in 5.