The only exception to this rule is if you are a LLC solely for asset protection purposes and are treated as a disregarded entity for tax purposes. 

Are these all disregarded LLC’s where you’d probably be sued personally anyway? 

If I remembered that incorrectly, feel free to disregard ;)

There is No tax advantage to an llc....for taxes the llc is disregarded and everything goes directly to your personal tax return.

Disregard how they are managing. 

It's a straightforward yet frequently disregarded approach that can bring about significant opportunities.

In order for them to come to such a hasty conclusion, they have to completely disregard risk. 

Plus, when you're in the lower grade areas, they get double the ground to rob you since you don't know any better and it isn't like you can personally inspect the unit.Let's not forget the judgment proof wrecking ball tenants that completely disregard no pet rules and jam in more people than the unit is suitable for without getting them on the lease.This all goes to say that it is best to use extraordinary diligence in buying the property beyond the fact that it is just a low price deal.

Disregard the self management advise.

A single-member LLC is considered a disregarded entity, while a multi-member LLC is usually treated as a partnership for tax purposes.