If this is legit, You need financial reports to analyze the business, a system or auditors preforming checks to ensure the financials are accurate, general counsel reviewing and drafting legal documents protecting your interest, etc.

County assessor should have deed and sale history, auditor/recorded should show recorded deeds of trust.  

@Kyle Smith very odd indeed...our auditor sends me a CSV file every time I ask for data (and we have a rental registry with names and number of rental property owners).

I'm not guesstimating on the property taxes, I pulled them directly from county auditor site. 

And if you think that will fly in an IPO with a Big 4 auditor looking at the books, asset value, etc. you're out of your mind.

I did notice on the auditors site that he did put it into a trust recently.What do you guys/gals think?

No insult intended - the issues are the very same (at least when it comes to U.S. taxes) and I have argued this very same issue with new/younger tax auditors that are right out of school (seasoned auditors have a better understanding that business does not revolve around them or their particular jurisdiction).As business owners, we have to decide what's feasible within the law and what's best for our business.Many here will tell you each property should be it's own LLC, everything should be separated, etc., etc.  

I don't know enough about the Fannie Mae MF lending process to know if the applicant provides balance sheet information on basis (which I think is GAAP, what an auditor would want) vs. current market value, which is what my commercial bank would generally use on a PFS.

I was able to manually work through my county auditor's website to generate a list of about 300 absentee owners with properties that met my criteria in a couple hours.

I am an auditor and travel a lot to Houston and Oklahoma throughout the week.