My judgement tells me he is a shady Realtor and is trying to hide something.

It's a total scam, RUN and HIDE FROM THESE PEOPLE!!! 

Housing seekers, be they tenant applicants or biggerpockets.com real estate investors applying for mortgages, it really doesn't matter, if they are hiding things from you... it's for a reason. 

Just give yourself a good option period in the offer to find out if the seller is hiding anything.

I try not to hide this fact from anyone.I'm probably about to make a lot of people on this forum hate me...Situation- FSBO (i.e. listing prospect) has a home that isn't worth a dollar over $375k to an investor and is worth 425-450kish on the open market to someone buying a primary home.

Some "cash only" people may be simply weird but the vast majority are hiding from something.

In my experience, if you know your rights and responsibilities as a landlord and aren't a slumlord, you don't need to hide behind the "manager" veil. 

So now days I look for good insurance verses trying to hide behind something...

You only buy the note with the borrower's request to do so, before approaching the bank you set the stage, to accept a deed or to modify the loan, you don't want to just take the place of the lender and foreclose, but true, if the borrower backs out of your deal because you failed to lock it up properly, you could foreclose.Jim Burns No, the owner sells the property, you can't hide the deal.

Seller(s) also agree to sign an affidavit at closing personally guaranteeing the validity of all leases and rent ledgers.Now that may seem like a lot for a seller to agree to, but if they have nothing to hide, why would they not agree?