Also, this property is unoccupied with a ton of junk inside - which means thieves are coming in and out as they please.

Thieves are greedy and don't care where the $ comes from. 

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.

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 building is situated between two other buildings which are virtually identical.

A thorough background report will verify the applicant’s identity (Social Security number, past/current addresses), as well as search the applicant’s background for their:You can get a copy of his book at this link:https://get.biggerpockets.com/rentalbook/If you have any questions about screening tenants you can always ask our screeners via LiveChat at RentPrep.Good luck!

Found the deal by picking up the phone and talking to an agent about a current listing.Best part is offer was accepted at $290K and an identical unit just hit the MLS at $360K. 

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

The only 4 family house within a 10 block radius is my neighbor who has an identical build as mine.