What are the ramifications of deeding mortgaged property to revocable living trust?

Following all the hustle and bustle he had the contract demanded the bank’s consent to the sale.

I have a property in Chicago almost under contract (just waiting on the final verbal consent from the sellers agent) I was fortunate enough to able to get a great deal on it and Looking at other homes sold just streets away within the past 6 months, there are homes almost identical to mine that were purchased for 105 and was renovated and sold between 230-295.

There may be a way for you to get around this by setting up an entity with someone who is of age and is capable to consent to contractual obligations.

And this only happened if they got consent from both the seller and buyer.

If there is no contract to purchase the property, you and anyone who represents you cannot conduct any rehabs without written consent from the current owner. 

I'm gonna see if I can ask for the contingency that the seller gives her consent for the inspector to discuss the report with me.

I have been documenting as much as possible, taking care to communicate in writing, either via paper or email/text and any in-person conversations with a witness – to not take any chances with this tenant as I suspect he is video-recording in-person conversations without our consent. 

Government operates based upon the "consent of the of the governed"...that's us. 

You must get written consent when you do this from the leaving tenant.