@Bjorn Ahlblad and @E.

I currently live in Los Angeles, CA, and have managed to save up $35,000 in liquid cash for a down payment on a house.

45k liquid sounds about right for the numbers as you presented them.

You have the ability to keep the difference in rent until the lease actually expires in November so $150x3= $450 $850-$450= $400$400 is what you need to return or are obligated to return to the tenant. 

I am clearly concerned with inadvertently committing any type of mortgage fraud, but also don't want an empty unit that can be generating cash flow for me when I am away.2: Would it be wiser to get a few fix and flips under my belt via HML/Private Lenders to build liquid funds and then use that to start investing in multi-family rentals via Brrrr3: Lastly, do many of you use HML for your initial purchase of a Brrrr property?

Lease expiration date?   

Also, most title companies (in larger counties) will e-file...especially if they're on the hook for the gap period.

@Ramon E AlvarezHaha, knowing banks and their abilities to build tech...it would be a century before they get anywhere close.

I do not use more than 50%, just in case there is a shift in the market, but it has helped me invest in deals without having to liquidate my portfolio.

We prefer to wait until they expire and then talk with the seller.