Read Every-Landlords-Property-Protection-Guide before deciding for more advanced asset protection structures.With an LLC you'll likely have to get a commercial loan - meaning you'll loose one of the main advantages of house hacking, the very favorable financing options in personal name.

If you are acquiring this property with a 0% down purchase money mortgage with favorable terms and creating a huge equity position, this may be the deal of a lifetime...likewise, if this is a 12m property you are buying at 10% of value...this is the deal of a lifetime...we can go on with scenarios for days...you've got to start looking at this through a different lens before you rule it out. 

So long as the property isn't chemically contaminated, they'll take the house and just knock it over.2) They buy 50 properties sight unseen, knowing that a handful will be absolute disasters, but the law of large numbers are in their favor that the ones that's aren't terrible can be purchased cheap enough to where it doesn't matter.3) They have a rehab crew / contractor and they just need a junker property to keep them busy on days when they aren't working on another major project.  

There are also other sellers in different situations that work in your favor.

The lender said terms would be more favorable with taxes/insurance put in escrow.

Meaning that even in an eviction the judge may award in your favor minus the late fees.

My plan was to focus on learning and creating a business plan with the goal of making my first investment purchase in 8-12 months; however chances are high that I’ll be moving to New Orleans next month for a job opportunity and I was hoping that the BP community could offer some advice on my options.My move to New Orleans will most likely be temporary (~2 years) before moving back to the NC/SC area (Greenville, SC most likely).My company offers a fairly generous relocation package in which closing costs of a new home would be paid for by the company, but I would need to make a purchase relatively quickly.After selling my house in NC, I’ll have around 100k that I could invest with an annual salary around 95k.House hacking sounds like a potential option; however, my new job will involve a lot of short-notice travel which would make it difficult to do much property management myself.I’m leaning towards purchasing a small/relatively cheap single family home in an area that is hopefully favorable to appreciation (any location suggestions?)

You mean 75/25 in my favor?

Are the demographics in your favor, or in your face?

The odds are in your favor that it will all work out.