We live on the opposite side of Canada for work right now relative to where this house/city is.

Do you know how to read the credit/criminal background?

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison. 

The license (if you aren't going to use it to sell) is worth it for access to the MLS and access to dumps the first day they on the market.

Basically insurance companies looking to relocate people who had to insurance  claims on their property and need a temporal housing.I’m curiouse to learn more on how to tap into this market and rent my properties to insurance companies .thank  you !

He's selling the house because he needs the capital to do a new build.I forgot to mention its a 3 bdr/1 bath.

As for the living trust, I'm assuming you mean to have the LLC within the trust to avoid probate?

The down payment to acquire this sub to is $25,000. so you give them $25k, you take over a $70k mortgage and they are going to pay $165k in a few years - if you will not do this deal send it to me I will do it. 

Cost to List + Changes to Listing.Can range from $100-$400 for the exact same listing on the MLS.

Damage to the property?