Upon speaking to him and asking about the sale of his home, the owner explained to me that he had no intention of selling and that the person claiming to have a contract with him was a fraud.

for NON owner occ commercial purpose loans.. for all owner occ loans it is required.real lenders do not solict you with e mails like this.. 99.9% of those doing that are fakes and frauds and will just scam U out of whatever money they can get.google Ingrid Robinson American Greed to learn how these perps work ..

On another note, what security measures do you take to protect yourself from identity theft?

I don't think you'll get in trouble, but yeah that's mortgage fraud and I recommend against it. 

So assuming they're all identical $23,333 each apx THEN if the condo has some value allocated to land say 15% You need to reduce that $23k by 15% because land value won't be depreciable.Your depreciable basis in the condos could be higher if there was debt assumed as well. 

I have a few clients with 50-100 flips in their track record and it's amazing to see how they look nearly identical in terms of Market, Purchase Price, Rehab, and ARV.  

I'm looking for a nearly identical setup as you, passive income within the next 5-10 to allow me to be more choosy on what I do with my time (#nomoredeskjob).

Sounds to me you need to fire your agent and sue everybody involved for fraud @Chung Cam.

He should do this to weed out frauds and scammers that are not real buyers.

Something asking for that information looks like a scam to try to steal someones identity.