The formula we use for comparing returns is:ROI = ((Rent - Debt Service - Management Fee - Insurance - Real Estate Tax - Periodic Fees) x (1 - State Income Tax))/(Down Payment + Closing Costs + Estimated Rehab Cost)As an example, suppose you found the identical property (not realistic, I know) in Austin, Indianapolis and Las Vegas.

Using a home as an office but not living there does not appear to meet the requirementAsk your lender is what I would do as mortgage fraud not something screw around with

I don’t reckon the punishment for mortgage fraud is all that fun.

Only if you're in a strong homestead exemption state like FL, you've commited fraud and are trying to hide your assets.Financially that makes no sense to me. 

Doesn't have to be an entity, on contracts (specifically here in CO), there is an option to check that the buyer doesn't want their identity released.

I use Cozy, and while I understand there's the possibility of fraud with disputing credit cards, thats' one reason I thoroughly screen my tenants. 

I cannot go to 4 banks and borrow $1million each--that is fraud.

This type of fraud problem has become so prevelant that we have instituted new internal regs.

Looking at a deal where the insurance on the building and flood insurance are identical, doubling that cost of insurance per year.

You are taking on responsibility.Then your name will be on public record and may be a fraud to apply for aid.