I used to disregard this when I was younger but I think it's important.Another idea is house hacking.

That 50% rule is pretty much for investors who can't really analyze a property disregarding things like appreciation, taxes, ability to change use, influence neighborhood markets, principal reduction and better management techniques lowering you actual expenses over time.

I am strictly talking about the basic task of setting up a single member LLC and explaining what we need to do to "stay legal" as an entity and not have it disregarded.

@Marc Beaulieu There isn't a specific set of rules to determine what will cause a judge to disregard an LLC and treat it as an "alter-ego" of the owners.  

Please disregard.

The choice is yours but I wouldn't disregard all wholesalers just because of a few bad ones.

Disregard

If so, then I understand and please disregard my previous comments.

At best, we could envision some dystopian future wherein mostly abandoned neighborhoods in places like Detroit are reclaimed en masse, ownership rights of the natives disregarded (queue claims of Eminent Domain), and then the area is opened up for re-enclosure, but I see that as unlikely because (I like to think, at least) we're done with the whole "rights of the natives disregarded" thing.This wikipedia article focuses on enclosure in what we now know as the UK, but the phenomenon happened at some point in the history of most countries. 

Disregard @Brian J Peterson comment.