It could have the appearance of not following fair housing laws. 

As an amendment to the original post, I would say that I have contemplated doing a flip or two to get more money loaded for down payment purposes, as it appears commercial dp's stay in the 20% + range.

If they don't match, it just appears as though you are temporarily visiting.

Factories reduced production of everything during COVID getting ready for a recession type environment that never appeared. 

You would lose if it came to a court case.   

Even if you use anonymity strategies such as starting with a WY or DE LLC, you really will/should disclose everything anyway in court. 

Source of down payment funds, if applicable: own funds, secured borrowed funds (HELOC).Income Source: Salaried FTE W2 until 7/1/21, 1099 independent contractor (healthcare consulting for 2 years)Gross monthly income (optional): $6KMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $1,400FICO: 696Credit issues: One late payment on a card recently, currently owe $4,700 in cards.  

Also watch out for condos- some may appear a great price but the maintenance/hoa fee can be very high and kill cash flow.

Besides going to your title company, you can take them to small claims court.  

For that specific transaction wherein you are purchasing that duplex, yes that is the correct math.For properties you have owned a while that appear on tax returns, those tax return numbers are used b/c they are at that point more authoritative.