Allows you to create a unique code for contractors or each guest, unlock/lock from anywhere through WiFi, and tracks history of the time and identity of the person when the device was opened and locked.

Much like the real assets investors acquire, no two properties are identical and no two transactions, even hypothetically involving the same property, are exactly the same. 

It’s probably not tax fraud a long as long you either lower your basis (which makes the kickback useless) or pay income tax on the kickback, but pick one and get your cpa to agree to your plan. 

That kind of fraud by non-disclosure should carry through that tenant's entire lease.

Actually it’s called mortgage fraud, as it violates a document you’ll sign prior to or at closing attesting to certain conditions surrounding the down payment.  

Incidentally, the formula of the metric Operating Yield on Cost is identical to cap rate (i.e.

What you propose as a plan is called mortgage fraud.

Hey @Steven Barr- I'm current in the process of an almost identical transaction. 75k loan amount on a multiunit investment and my costs are right around what you got.

He says he is involved in a lawsuit with his mortgage company for fraud.

I identified this property on day 59 (You only have 60 days to identity your replacement property) which was listed by a realtor friend of mine...Very lucky!