Escrow will send an identity verification document to the seller which asks all of the pertinent information.

@John Woodrich@Kris V.My comment on putting things in your name and some in your wife's is almost identical to John's. 

My rental is recorded as 3/2 built in 1923 but it's 2/2 and remodeled ~10 years ago.It's basically identical to this house, same construction project and 'hood:https://www.redfin.com/CA/Los-Angeles/1257-W-Exposition-Blvd-90007/home/6884856Is that 800 sq ft?

I would say that you aren't necessarily "supposed" to hide your identity or avoid living in the same place you rent out.

The license helps us know the correct person is authorizing us to run their credit, and comes in handy later if there is criminal activity on the property.We've had people who are hesitant to give us their SSN, they have been through identity theft.  

@Kate Weinberg (and others who expressed interest in this topic).This is almost identical to a situation I found myself in a couple years ago and we periodically hear from others struggling to find a good home for their capital.BTW, average returns for Large Multi-family is 8-12% Cash on Cash or 15-20% IRR for a 3-5yr hold.I am in the midst of writing a blog post about the various options I considered (stocks, private lending, SFH portfolio, Multi Family Portfolio, private equity, REITs, etc) and my logic behind selecting what i did.If it would be helpful, I can share a draft of the upcoming post with you soon.

All homes on the exact sized lot as mine have an identical lot valuation.

Your experience sounds practically identical to mine.  

Claiming you need to hide your identity and location is suspicious. 

Identical duplex on the same street (just few blocks down the road from mine) went pending nearly $70,000 higher than what I'm paying.