Or tenants know they are the owner and take advantage of that. 

I'm an investor and mortgage broker and have DSCR options for first-time investors with as little as 15% down.

Absolutely recommend going with a CPA (a little biased) that works in real estate.

Quote from @Allen Masry: Hi, this is a little strange.

One has a little bit of a steep driveway, but not too bad.

[2]   Do you know if the buyer is going to owner occupy or is it an intended rental?

Very little cash flows at 7% interest with houses that have doubled in price over the last 5 years.    

However, when contacting the principal’s home, his wife confirmed the passport photo was not his, and the birthdate was incorrect—despite the signature on state documents being authentic.Unauthorized Use of LLC: The actual owner, a 78-year-old retiree, was unaware that the LLC was still active and had never conducted any business under its name.

if i were to acquire these and have them be owner financed, I would want clear title and the other mortgage on this lot removed - especially if my loan has a balloon on it that matures prior to the existing loan, as how would to provide clear title?

I suspect maximizing the investment might make it slightly less desirable as an owner or at least the renovations might have lower ROI if sold to a homeowner.