While I haven't personally experienced any negative impacts from this fraudulent listing, I'm concerned that it could mislead potential renters and cause them financial distress.

This directly impacts returns for everyone.

That's significant and really impacts margins.

Quote from @Michael Smythe: @Zachary YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

An LLC does not impact taxes for rental real estate.

Brace for impact:  YOU DON'T WANT THEM TO STAY. 

The possibility of vacancy would also grearly impact the cash flow as well.

@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.

Already, it's pushed out-of-town investors to focus on student housing where GC has less of an impact.

If i were active though it could have a much bigger impact.