Especially with a pro forma where the expenses are so obviously understated.  

So now I have look for a lender on my own under (Stated income funding).I am in contact with "Steve Olson" not Marco. 

So the numbers are all relative to your income, risk tolerance [if you will], and your end goals [gaining experience, moving back to one of these properties, the fact that these units generate very little drama bc of the price point - which cannot be understated!

.#4 - If you refuse to do these things, you are committing tax fraud - Annually by overstating your income each year, and finally by understating your capital gain at sale.#5 - I'm going to guess part of your confusion is caused by the "two-touch".

I like the understated people.And that's all great, except he never got to enjoy his money.

This might be something specific to Maryland that these even exist, but under state law if the amount of these private utilities are not disclosed, the seller has to pay the full amount of them and all additional years remaining on the bond. 

For instance, in CA now until 2025 under state law, you can have an ADU and a JDU on any SF property in the entire state, and all planning/building departments must allow it with only a 4' property setback. 

Under state law first position isn't entitled to proceeds from a foreclosure?

So effectively im paying for the repairs anyway which he estimates at $8,000 but they also understated the sale price on one property by $10,000 according to zillow estimate. 

They both understate the amount and regularity of costs.