Buyers usually want to get 1 to 2 multiple or 100,000 to 200,000 price.

You say "we" so are there multiple heirs?

From a legal perspective, there are multiple benefits but primarily forming an LLC includes having multiple partners, versus just one sole proprietor, and you can shelter yourself from possible liability if anything were to happen on the property.

If you haven't already, be sure to get involved with the local REX meetup - https://www.meetup.com/R_E_X_/events/236363911/?

In May of 2016 I purchased my first property from my landlord who owns multiple properties.Got a great deal.He owner financed the home to me.Home Price $186,000Down Payment 40,0007% Interest2 Year BalloonPre-payment Penalty: 6 month of interestThe house is now worth $300,000Heres where I need some sound advice!

Or have I been involved in a scam?

page=1https://www.biggerpockets.com/forums/48/topics/429980-officially-financially-free-at-32----exciting-dayhttps://www.biggerpockets.com/forums/223/topics/445367-full-time-employee-multiple-brrrr-side-hustle-2875-to-goal

And of course there are other factors involved with this but having all that money and looking for a better deal after you just purchased a 4 plex with nothing down sounds pretty good to me rather than a refinance.

To put it mildly, it's a lot of tedious work using multiple databases. 

NNN analysis involves the rating of the parent company...and the industry.