Not disclosing debt is bank fraud.

Mortgage fraud is a federal offense and punishable with a $1 million dollar fine and up to 30 years in prison.

Calling it a 2nd home with no intention of this acting as a 2nd home would of course be mortgage fraud, additionally you cannot use projected rental income at all for a 2nd home purchase.

They are paying $1,450/mo (3 year lease) while I rented out an identical place on the same street for $2,000/mo last august.

She then responded tenant: "well i dont think you can actually do that without an eviction notice but we will remove our things accordingly" I'm not sure exactly what she meant by that but I responded: "actually eviction doesn't apply because you committed fraud on your application and lease which is null and void"she had no response after that.

To do this 'test' the consumer would have to commit fraud.

Since I know my windows have lead, and the rest of the windows on other units are identical, when the lead test is performed on the exterior it will find lead. 

FHA security instruments require a borrower to establish bona fide occupancy in a home as the borrower’s principal residence within 60 days of signing the security instrument, with continued occupancy for at least one year.If you don't use the property as your primary residence, you're committing mortgage fraud.

You become a lawsuit target, and a target for criminal fraud.

So now you basically own a house that’s identical to 10,000 other non-lakefront Poconos properties & then people start wondering why they can’t rent it enough to cover their costs.I mean, Airbnb, VRBO, etc are a highly visual medium.