My understanding (I'm not an attorney or accountant) is that the IRS considers single member LLCs to be disregarded entities, so there is no financial tax-related benefit to having two different LLCs.

pls disregard spelling mistake, autocorrect and cell phones make lengthy replies difficult. 

Or is it adviced I create a new disregarded LLC?

A big mistake a lot of investor make, especially when when it comes to small properties, is that they rely solely on the reviews, feedback and reputation on the company, and disregard how far away the company is from their property.

Your complete ignorance of and disregard for the basic rules of economics, supply and demand are certain to lead to the utopian vision of overly abundant housing our state so desperately needs.

There is a separate check box for ‘single-member LLC that is treated as a disregarded entity’.

In NYC, you have numerous cases of landlords disregarding rent stabilization laws for years and years before getting caught.

You can disregard that option. 

manager managed : who is calling the shots.Tax filing status : Partnership, C corp, S corp, Disregarded (often used in multy LLC structures).

They're all disregarded entities and what the IRS cares about is how much did that property make.