Especially considering your alternative choice, go blindly invest in the stock market and hope it appreciates... but betting on "appreciation" is a gamble and "hope" is not a strategy.Collin 

In your example the Daily News reporters did not steal title to the Empire State Building, they merely recorded a fraudulent deed that conveyed no title, and very well may have committed a crime in doing so.You are correct the Seminole County Clerk of the Court does allow a property owner to register their property and receive notice when an instrument (deed, mortgage, affidavit of interest, etc) purporting to affect the title is recorded, as many counties in many states including NY allow you to.Protect Your Property from Deed Fraud (nyc.gov)Sign up for the Notice of Recorded Document Program: The City Register will automatically mail you a notification when a new document is recorded against your property.

You are literally going to the very place most likely to call you out on it as fraudulent, to then request there assistance to help it make you more $. 

Things I can think of are that they allow you a lower monthly rate if you are willing to gamble that the irregularity of repairs and maintenance @10% will average out less.

I also haven't seen anything more than a duplex in the Frisco, Plano, Carrolton, Richardson, McKinney, Celina, and surrounding areas.You could try Craigslist but it's a gamble.

If you've done a bunch of deals before in this particular market you're probably ok but if you're a newb it's a bit of a gamble.

At that point though, you're more likely gambling than investing.

I think you are right about this approach being fraudulent.

If your thought is to buy it, get financing then lie to the banks and transfer it to the LLC you most likely have lost ALL asset protection since what your doing is probably considered fraudulent if something were to occur.

While I doubt this is likely for a Sec 8 tenant there is bound to be a percent of people that will eventually pay when they want to buy a house or other large purpose so as long as there isn't a large cost it is a gamble I would take if nothing else just for principal.