Again, if you qualify - then you absolutely should claim it, just have your ducks in a row.Other audit flags are kind of common sense: forgetting to include 1099s, rounded numbers, populating every single box in a form, identical numbers across multiple properties, using the wrong form, etc.

If the LLC is just you and your wife It has identical ownership to you and your wife as individuals. 

Each unit is an identical side-by-side 2br/1ba w/ 1 car garages, surrounding market rents going at 900-950 or so for nicer units. 

Its asking price is now the same as an identical unit in the same building that rented in less than a week a few months ago.   

A unit identical to mine just sold for 251k. 

By and large the builders are the same with similar lot sizes and nearly identical floor plans.

@Chris GawlikI'm actually in process of a deal near identical to this one near College Station TX.I currently have 6 properties in the area, and this will be my first BRRRR property.

Generally, the price for rehab on a 203k will cost more than an identical rehab when not using a 203k. 

The older parent is simply screened to verify identity, criminal history, etc.

Other than the interest rate the costs & returns on the first two are almost identical.