The MLS is crazy expensive, and privacy laws seems to restrict most of the sources the they use to find motivated sellers.Thoughts on how to get started up here?

Those that have no privacy settings seem to post the worst things.

There should be no expectation of privacy in the common areas of the premises.

@Jeff Gold there is a group of us here in various parts of town, closer to hospitals is a plus but not necessary (since Sacramento is fairly to get around). 1 bedrooms and studios work best as you get the highest rent/sq ft with smaller units and they provide the most privacy/personal space, 2-3 bedrooms can work as well but may not rent as quickly as a smaller space at a lower price point.

We are considering Delaware, Wyoming, or some of the other landlord friendly/ privacy favorable states.

Also, how to deal with yard space / privacy can sometimes be challenging.Conversely,  a suitable property for carriage home installation can be found for 20 to 30% less than a suitable one and the rent differs only minorly for the 'main' unit.Also - as mentioned earlier in the thread, the city is currently looking to formalize all suites to code.

If you want a larger lot with privacy and a natural setting I would check out Forest Sound in what I call southern Hampstead. 

Intown Atlanta, Capitol View neighborhood.Please PM meThanks

If you hold rental properties in individual/separate LLC's for privacy & protection purposes, what's the best way to handle income & expenses for each?

Yes, you own the property but they also have the right to privacy.