Property B Assume the loan with 4-5% interest rate, pay difference in equity $70k and pocket 300-400 in cash flow every month.

And if the amount isn't too large they can either keep the note outside the exchange and pay some tax on it as boot doing a partial 1031 exchange. 

With conventional, you can just drop the MI when you have the equity- you might have to pay a few hundred bucks for an appraisal. 

Do they take care of the place, pay rent on time, etc? 

However, you pay for it.

They argue that their renovation is top notch, so the price is justified, which may or may not be true, but but generally the high quality of the renovation does not pay sufficient dividends in the form of increased rent, so the price to rent ratio just isn't there.They typically advertise a 9% to 13% cash on cash return, but be careful, this is their "first year projection" and in their first year they do some things that I find a it deceptive, such as not accounting for vacancy because they place a tenant prior to closing, and they budget essentially nothing for repairs or cap ex since it is renovated and they offer a warranty. 

@Travis Biziorek how much did you pay for the duplex example?

I usually just send a screenshot of a bank accounts, but I have seen others get their bank to write an official dated letter saying they have at least X available to withdraw immediately.I would not consider the letter you attached as a proof of funds, nor a contract offer, its more like a letter of intent? 

You'll also need to file a Personal Property return with the Maryland' Comptroller's office (and pay the $400 filing fee) in order for your LLC to stay in good standing.All that said, you will never be truly anonymous from a tenant who really wants to find you.

We will lend at X% and whether you make $ or not, not our problem (well it is if you do not pay us back but that is where the PG comes into play).