Its an absolute necessity, and MI was not only fine with it, but encouraged it. 

Renting is becoming more and more a necessity.

When you reach your goals wouldn't it be a necessity to have your health so you can enjoy your achievements for a long time with your loved ones?

I see a lead paint program as a necessity to force landlords to update their properties, many owners will have to decide if they will re-paint or install vinyl siding/windows or dump their properties to new owners who will.

You have a few houses, no one making payment, capex still a necessity, etc.

I have had one prior property (SFH) that happened out of necessity rather than informed investing.

Further, though I don't recall reading this in my textbook on labor economics, I expect a reduction in people's living expenses by removing the necessity of rental payments(by passing an eviction moratorium, for example) would have a similar impact, but I'm just hypothesizing here.

Originally posted by @Eric Weldon-Schilling:Maybe because people are starting to understand that there really is something fundamentally immoral and wrong with a system that allows a small group of people who either have tons of extra money or are able to get approved for multiple mortgages to hoard extra property then charge people for a basic human necessity, sticking them in a position of essentially modern peasant who will then almost certainly never be able to save up enough to buy their own home and build equity and enjoy the stability homeownership brings s it stands now, millions of people are stuck in a cycle of paying someone else’s bills and never getting to enjoy any of the benefits of owning a home.

Innovation is breed out of necessity. 

I would just take whatever you were approved for, not change ANYTHING (because you will likely never get it done), set up a separate bank account for the proceeds, not touch the funds UNLESS (a) it's for an expense that is clear cut with zero ambiguity that you can point to the agreement and see it stated in the language, and/or (b) it's an absolute necessity to use it.