So no buying and holding with local operation and physical property.Let's pretend I form this corporation in Wyoming.

Metta,I'm not going to pretend I know what you are going through.

The NOI (Net operating income) needs to be sufficient to cover the payment and some amount of spread.To make the numbers simple lets pretend the payment on the 50K mortgage is $500/month and the 70K mortgage is 700/month (these are likely high numbers) if the rents minus expenses (excluding mortgage) net out to 750 then the 70K mortgage is pretty risky since there is only a $50 spread and the 50K mortgage is much less risky with a $250K spread. if these numbers held up I wouldnt buy the property at all unless I could get a 60K mortgage with a 600/month payment and have a spread of $150 and 10K in cash reserves. 

There are a lot of agents selling SFR residential property that pretend to be investors.

Again, if they provide a different number that you can't verify belongs to the company, it could be the number for a friend or family member of theirs who is pretending to be their supervisor (I've had applicants do this).As for landlord references, you should call their previous landlords too, not just their current landlord. 

Julie, I'm not even going to pretend to know the answer to this question fully as I'm just beginning to start incorporating the strategy of acquiring properties where I can do a minor partition of a lot or two in developed neighborhoods. 

My girlfriend lives in Green Bay and because her parents wouldn't approve of us moving in together (until married), we are pretending to be rebels by having her be a tenant in a duplex/triplex that I purchase. 

Sounds like the seller is a moron, hiring idiotic offspring to represent them and than pretending to be FSBO.

If you want to pretend to be an investor and be like 90% of the other beginners on here just keep doing what you're doing. 

I feel really bad that someone who is pretending to be me stole your money and is making me look bad!