They also chase scammers.Reporting is key as if and when this guy is caught the only hope of getting named in any action against him will be from your reporting the matter.

But, geographies vary greatly, so maybe you can consistently achieve that with a broader focus.If you aren't going to be close by to manage the property manager, I'd suggest nicer neighborhoods or looking for pockets of nice in the lower areas.

This is an old audit, but the gist of it is the recommendation is for HUD to drop the 12-month OO requirement. http://archives.hud.gov/offices/oig/reports/internal/ig0730001.pdfIf someone has information to the contrary, please post a link.

( I have moved to another city) If I simply report to the authority against the fake property manager, what kind of consequence will that cost the fake property manager?

Sebastian,The fact that your friend has been able to obtain several mortgages with low down payments revealed that not only he has committed mortgage fraud, but he has also not reported the rental income.

A mortgage broker is the one you need to talk to.The debt after so many years can no longer be reported on credit due to statute of limitations but they can still send letters to collect.

Unfortunately these projects often features the homes jammed up on the property lines with a complete obliteration of existing trees/landscaping features to make rooms for a monster house so it doesn't necessarily serve to 'upgrade' the neighborhood in many cases other than increased comps.In other areas I've seen a builder slowly accrue multiple lots of and develop them in a more tasteful manner with new construction that is architecturally consistent with the other new homes they've built adjacent and allowing for proper landscaping.I try to do everything I can to avoid complete teardown and rebuild, if I can utilize the existing foundation and utilities it is a huge cost savings both in construction and in paperwork and permiting.

The owner wants a guarantee that my payments to him (and his interest income) will not be reported to the IRS.

You really need to do more than just take a bunch of averages, even with actual reported sold data.

Sharing files is easy and they are consistently improving the eco-system of google drive.