The units each have identical floor plans with 856 sq ft of living space and screened in patios.

Society enforces ethical conduct better than statues in real estate, you will be shunned, black balled, Realtors may refuse to deal with you, there is little honor among thieves who my be your last associates.

is the business of fix and flip to home builder somewhat identical?

Hey Steve- sounds like your numbers are almost identical to what we see here in Boise.

Kids are inundated with consumerism and $150 sneakers and $800 iphones.Mr Ramsey is trying to protect the consumer from stupid financial decisions like "Paycheck loans at 31%", etc,   assisting the poorly educated about finances, nothing wrong about that.What is available for freewww.FTC.gov has a HUGE amount of free credit info and free identity theft info. 

You have no rights at all from the position of holding any tax lien to possession or in taking the fruits of ownership.Seems you mentioned the business model offering "privacy" most thieves usually don't want to make known their escapades, perhaps a money laundering scheme might keep the rents paid under wraps too, but I don't see anything addressing the privacy side nor can it be to the point that this method can't be discovered.Well, again, I spent time addressing guru type matters keeping newbies out of harm's way.

Both properties have identical fair market values.  

With a loan, you can buy these two identical houses for $20,000 down.

Even if you put in the 10k/house for repairs, the chances are good thieves will hit it again after it's repaired but before it's rented.Maybe someone will have a better suggestion than mine, so hopefully it will work out for you. 

Gramiccioni said.Biello offered to help a Keansburg man refinance, but actually took the man's credit cards,made fraudulent loan attempts using the man's identity, Gramiccioni said.Biello engaged in similar activities two other times.Biello used fraudulent documents in a short sale