Even within the same local market, two different properties that meet the same initial cost and rental income rate and are therefore surface level identical "1% rules" will have different system ages and ongoing repair costs and/or upcoming capex items.

I would file a fraud complaint with your states attorney general. 

Passing yourself off as a W2 employee when you're really not is mortgage fraud. 

@James M SmithAs an example imagine a scenario where you have two tenants living in a side by side duplex same identical 1000 sq ft unIts in one building .

That is fraud!!

Each property pricing that is pulled must be:-Within 1,000 sqft size of each other (Heated space)-Nearly identical in amount of bedrooms/bathrooms (Ex 4/3,4/2, 5/2...)

I do not have a RE lawyer for this and have been mostly reaching out to Criminal and Fraud attorneys.  

A higher cap rate means higher risks.Two identical multifamily buildings like the one you're looking at can generate different net operating incomes. 

Hello BP community,A bit of a background - my husband and I own a few rentals in Huntsville, AL, and we visit once or twice a year to check things out.  Every time, we'd fly into BNA and drive south.  This post is, ho...

I have zero intention to commit occupancy fraud - though I would like to better understand how lenders can be flexible with the 12 month period.