This property is a 3/1 in a large neighborhood of nearly identical housing built in the 50's.

The structure is a duplex with both sides identical.

There are many ways you can distinguish a single member LLC from your own identity.  

Are you worried about identity theft?

Most recent unit was sold for 99k identical to this one but 8months ago and I believe the loan was conventional.I'm seeing some of the bylaws require hoa approval of your renters lease agreement and things like that.

@David Rutledge No problem, the largest challenge I have with any hypothetical $30K property is that there are just some run of the mill expenses that are all but identical regardless of the property being a $30K property, $150K property, or a $300K property.  

About three years ago I was approached by an investor who had done 4-5 deals, all long term holds, I'll call him Mike to protect his identity. 

Well, after we put some money into the house, she decided against moving, so we leased it out.Then another house on the same block went up for sale which we bought last fall, so now we have three identical homes on the same block, all occupied.I created a spreadsheet to try to figure out if we were making any money, and came up with a worksheet that is pretty close to the analysis I've seen here.  

To sum it up, given the choice between two otherwise identical properties and one has low income housing as neighbors, I think the most desirable would be the one not adjacent to low income housing.

Also, an identical house is next door and they have an oil tank.Best,Gerold