Let me know if I was incorrect in my assumptions.

I am working on the assumption that as long as we meet the second scenario you outlined just above, the scenario is preferable & syndication is not necessary?

Dylan, I was under the assumption that the 203k was only for owner occupied?  

If you want an idea of what assumptions are typically made for advertising purposes, take a look at the small print:

If you can not get that info you may want to get some quotes on the assumption that the claim is put in an see what the impact is.Hope that helps

They typically will try to find you properties under the assumption that you will use them to represent you in the transaction and when you do purchase a property there commission will actually be paid for by the seller.  

All in all, I'd say use cameras, but do it wisely, make sure tenants and guests know to smile, but I would not try to instill a greater sense of security, keeping them responsible for any assumptions. 

@Ian Skelton - Aloha Ian,I am still leary of the vacancy assumption and the true cost of vacancy (the landlords greatest expense).Here is what I have calculated for the property based on 600 dollars per unit:1.

However, based on what you wrote, I'll answer on the assumption that you are only going to invest in the LA area.First, how are you finding your deals? 

Very cheaply above the assumption price as you are subject to the DOSC.