If they are a crime victim they should also go to their local police department's financial crimes unit, contact financial crimes where the fraud is based and call or go into their local FBI office and ask to speak to the duty agent. 

As for seller's NOI, I would certainly ask for their financials, but at the end of the day, they will only provide you about 30-50% of the picture.  

I have heard that forming a Wyoming LLC is better for asset protection.

I am excited to immerse myself in the world of real estate and take on new challenges as I embark on this journey.Goals:As a new member of the real estate investing community, my primary goal is to educate myself, gain hands-on experience, and ultimately achieve financial independence through smart and strategic investments.

These investment specific mortgage products are all asset based. 

Sophisticated investors are focusing on how an asset performs over the course of time.

The next step for us is to learn how to pull equity out of existing assets and scale upward.

My cousin has no assets other than this rental.

You can borrow secured like against an asset like another property or a 401k but cannot use unsecured funds like credit cards.

It may be beneficial to consult with a financial advisor or real estate expert to help guide you in making the best decision for your portfolio.