Perhaps because the municipal valuation is pretty much equal to my current purchasing price. 

If you were getting a bank loan you would be required to have a networth equal to the loan size and post closing liquidity of 10% of the loan.

Realtors are a dime a dozen to find (all things being equal).

An MLS deal will never be a good dealCash flow on paper doesn't equal cash flow in real lifeI'm too busy to think about direct mail, etc, etc The kernel of truth in all of these excuses helped me to convince myself I was being prudent and being smart by waiting until I had more money or more relationships or more of this or more of that. 

Ex: Credit score 625 or above.Income 2 to 3 times the rentJob verificaton current paycheck for last 4 weeks.Occupancy,, limit occupancy in unit / house ,, the total number of people can't exceed that number.Criminal,, no felonies..Valid Social Security NumberNo CosignersRental verification from previous landlord.No prior evictionsSample list.. separate application for all people in apartment,, combined income must equal the 2 to 3 times the rent.. 

All things being equal, my parents would prefer that the encroachment agreement continues with the new buyers.My question is: is this encroachment agreement only valid with the current owner?

The LLC comprises of multiple partners of equal stake.

Alex this is simply landlording  does not matter how you come about it or where you choose to do it.houses take maintenance  they take effort to keep on top of .. .tenants trash places.. tenants skip on rent etc etc all of this effects the bottom line.. no matter how you bought them where you bought them etc.Just think of those poor investor who flocked to Houston and have no flood insurance.. they are about to get totally wiped out.. never will be able to recover .. as cash flow will never equal there loss's or it will take 30 years.. how was anyone to know that was a poor investment at the time.. 

However, loan officers will approve or deny you for your credit score for a duplex an SFH or a quadplex equally.

I know one can find property tax protest records publicized by the Board of Equalization / local municipality in many states, but I'm not sure if this is true for all 50.