You can legally tell the PM everything that is a truthful fact.

@Will Pardo When trying to borrow money I've found that anything other than the absolute truth regarding the use of the property and where the funds are coming from will come back and bite you. 

Maybe you're the type who has a big heart and wants to help these people if you can.But here's the truth... big hearts just get in the way when you're trying to make logical business decisions.I'm kind of the same way...

Tell the truth, always.I place all my marketing around quick cash offer for sellers.

Its an 8 unit which is considered a commercial property, and the truth is the lender will need an operating memorandum along with all the financials for as far back as you can get in order to understand how the property has performed and then you need to put together a plan of how youre going to make it perform better.

After doing some reading here http://en.wikipedia.org/wiki/Administrative_divisi... and also googling images of county wide municipality, town, and school district maps I THINK, I have created a list of "truth" statements, and sketched out a visual to represent the relationship between counties, towns, villages, cities, school districts, and the term municipality.  

Need to take at least a glance at business law, types of contracts, what constitutes fraud, what tortuous conduct is and existing laws such as truth in advertising, fair credit, security & exchange, consumer protection matters and how to find the different agencies of government that regulate business.I'm not saying study law, I'm saying you need to be aware of aspects of business that are regulated, how to find applicable laws and agencies to find the guidelines you're expected to operate under.

To tell you the truth this is the best place to learn about real estate.

The truth is that I really did not want to flip this house because of the distance, but decided to make the seller a really low offer so I could wholetail it.

Truthfully not a big fan of Waukegan.