This is why most unlicensed brokers have to operate in the shadows and try to hide their identity, etc when advertising illegally.

I'm guessing the answer to these questions is that the scenario would be identical to refinancing the mortgage as proposed above, as far as the LLC issues are concerned.  

But that number is skewed because surrounding Wanamaker are many vinyl village housing developments which all have pretty much identical rents.

However The property I have in mind is currently listed at 147K the owner owes money to the HOA so they need to sell if I offer a cash offer of 127K and they are willing to go the low the investor would love to buy because an identical property sold for 169K in the same complex.

Even if someone has built the exact same house you want on an identical lot in the same neighborhood, your cost is still going to be highly dependent on lots of things:-  Do you hire a builders or do it yourself?

I own and live in the identical 4 plex right next to this one.Well one of the tenants in the building built a deck in the back yard.

The unit next door is in great shape/move-in ready, and is in escrow for $420k; identical floor plan and space.  

I'd add that a prospective tenant can fake anything, including the social security number and identity they are applying under, but forgery is a pretty serious crime to commit against someone who will literally know where you live.

I've seen peoples' lives temporarily ruined by identity theft and do not want to fall victim to this man.As to the tenant who showed me the house, he was not "Rob."

I staged it and sold it in a week (with 2 other identical units that had been on the market over a month).