It will be the “best deal”.

The US Government and the States have but one way to deal with this, taxes.

First, the three (3) Private Letter Rulings will likely not be directly on point, so there will be some inherent risk in that you will not be able to follow the Private Letter Rulings exactly as they were issued.

How did you finance this deal?

It mostly means you don't want to deal with banks initially. 

The auctions are just as dry as the MLS and wholesaler deals. 

We would love to get some directional help from the community first, so we can ask better questions moving forwards!  

This means the IRS will treat the LLC as if you and your wife still own the property directly, maintaining the continuity of ownership for tax purposes.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

That said, if you feel you want to go above and beyond, then could could try contacting some of these apartment complexes directly and confirm her story with them but if you can easily find another qualified applicant why would you take on this work and additional risk.