If you are concerned with the types  of prospective tenants  who may do a drive by to check out the place as a first step of their apartment search you have a real estate problem my friend,  not a leasing issue.

Quote from @Kristin Solbach: Quote from @JD Martin: What are you concerned with protecting? 

I am concerned that the closing statement would not record the actual price I am paying for the property.

If you had concerns about the asset if and when you pass away and would like to avoid probate, a Revocable Living Trust that owns the LLC that acts as a Holding Company is a good option.

In the end a credit score based on a sufficient credit history tells you the risk of default which is what you should actually be concerned about.

I was concerned at first.

The issues being  1) inconsistencies in roof (dont know what this means)  2) a hole in the drywall behind stove in kitchen because of which there are spiders coming out of the wall and they had to kill two of them.At this time, I am concerned that they will trash the house while leaving it.

Before you call any family service, how about meeting with them and expressing your concerns. 

@Noah SchulzThe previous owners' failure to disclose a back-paying arrangement complicates the situation, potentially leading to tenant disputes or security deposit concerns.

It requires significant work, and I'm concerned that some additions made by the previous owner may not comply with building codes.