nt property usually requires 25% or more. So if you're a brand new real estate investor with limited cash, there's a big incentive to call something a second home instead of an investment property. But that's why lenders make you sign a second home rider, a separate document where you specifically promise you'll use it as a second residence and not rent it out. You also assert like nine times in the application process it will be owner occupied." This is good. This is good background stuff. I was a banker so I'm nerding in on this a little bit more.

And then SMB Attorney says, "Could this kind of thing ever be an honest mistake?" I doubt it. The facts, at least as reported, look pretty bad. You buy a house, say it's a second home, immediately rent it out, tell your insurer it's owner occupied, and then report rental income on your taxes. He goes, "That's not a misunderstanding. That's a pattern."

Now, remember the documentary effect that I warned you about? I've just given you one side of an argument with no attention to any counterargument. So it's pretty convincing, isn't it? When you heard that, didn't you say to yourself, "Oh man, she's fried. There's no way she's going to get out of that." Right? That's the documentary effect because you only heard one side of an argument. I don't know if there's another side of the argument, but I think they're pleading innocent. So that would suggest that they do have an argument. The fact that you haven't heard that argument at all should be at the top of your mind. You should be saying to yourself, "Yeah, but they do have an argument. We just haven't heard it yet." Okay, is that fair? Because I knew that that would be super persuasive. But don't be too persuaded by it. She—I still think it's unlikely that she'd have any jail time. I guess there's the possibility that there could be years and years of jail, but the reality for first offender for something like this time, you know, probably not. Suspended sentence, you know, and but there could be a fine according to Grok up to like half a million dollars. So it could be really expensive.

Anyway, as you know, President Trump did not win a Nobel Prize because the Nobel Prize that they're giving this year is mostly for stuff that happened last year and before. And most of his accomplishments happened this year. So it's not really a slap in the face or anything. It's just the way the process works, I think. But the woman who did win it, Maria Corina Machado, I guess she would be a freedom fighter for Venezuela, she was smart enough to call him and actually tell him personally, I'm accepting this in honor of you because you really deserved it. And then Trump got to tell that story that the person who won it called him and said that he deserved it. That's pretty good. Now, it makes you understand why she won the Nobel Peace Prize because how smart was that? That was so smart to call him immediately and give him credit and say, you know, you should have won b