Not necessarily. general aging of the property would indicate cap rate increases, but if youre adding value with stronger capex or better tenants/leases, then the cap rate can go down. of course, it all assumes interest rates are identical to lending at entry.

This was straight fraud, forging PSAs, not just overleverage or poor management though.

Fraud claim dropped and was never argued.

Also his idea of appraising all homes the same this will lead to a level of mortgage fraud that will make 08 GFC pale.. you will have the wholesalers and such going right into the hood  buying 15k houses were the same sq ft in a better neighborhood in any number of mid west and deep south citys is worth say 150k.. they will get a juiced up appraisal pull the cash out and rent and then default.. that's what will happen.. just watch any of the shows in markets like Milwaukee  and really any big city in the mid west deep south Nor east that has same housing product built throughout the city.. but one area ( the hood prices are 20 to 50k) same house in better area its 300 to 500k  its just a fact and reality..

I've looked into it a bit, a good friend of mine who has a near-identical rags to riches background is crazy over them.

James, Thank you for standing up against the Morris family fraud so more people are aware of their continued scams.

The how-to's aren't descriptive enough and don't cover all the tasks and problems you may come across.There is an identity verification process for landlords and owners must go through before being able to .

You have a "death wish" of sorts, hoping for problems in your life (court, jail, identity theft). 3.

Your realtor is going to write some lame description about 'just needs a little TLC' and 'great bones' and all that, and predictably, he/she will get smashed with lowball offers from wholesalers of all shapes and sizes (good ones and frauds), as well as from investors (fewer in number).

It sounds like a creative solution, but it probably qualifies as fraud.