Make a list of the most common lease violations like late rent, non-payment of rent, bounced check, unauthorized occupants, application screening, someone paid a deposit but then changed their mind and doesn't want to rent, unauthorized animals, abandonment, tenant wants to break lease early, noise violation, not mowing yard, etc.

Still others require the occupant to hire a private garbage hauler.

I've been looking at nothing but major fixers, i figure that's the only place to make it work and since I want it to be walking distance to school, it narrows my search down. glad to hear the co-ed piece isnt an issue. that was a concern of mine originally. good call on the non-related occupants.

So if you say something that is false and that gets you a better rate than you would get if you stated the truth, that would be mortgage fraud.When you apply for a mortgage you are going to be asked about the occupancy of the property. 

On average the break even occupancy (percentage of units occupied to cover all expenses on the asset) is between 55-70% occupied.

Occupancy: 75% minBuilding Class: C or better-NOTE: If you need any additional info, let us know.

We are working with the city to obtain our certificate of occupancy and this was identified during the inspection.

Are more people currently being prosecuted for owner occupancy mortgage fraud than in the past?

No - abatement is available for both owner-occupant and investor.  

But bear in mind that you have a 1 year warranty by law (verify this depending on state) which means you can get moved in and have the builder satisfy the other items later.Holding funds or occupancy over their heads is a good way to get things done though.