It definitely has potential, but I agree with what @Dan Heuschele said.

So you will have to weigh the importance of maintaining legal status and potential savings you may get out of a LLC.

I think the potential is there!

For that range you should not be having problems as you should be in B grade other than maintenance for capex that is missed but that is only a year or 2 and not vacancy.  .75% in Baltimore should be A grade with lesser vacancy and only potential initial maintenance. 

If you know where to buy, Philly is a good potential house hack market.

At the moment there are some potentially intriguing properties on the market here that may meet your criteria.

Do you think that will deter potential tenants?

Hello everyone,My name is Melissa Clyatt, and I am pleased to join this forum as an investor and property manager.I am excited to connect with fellow professionals in the industry, share insights, and explore potential collaborations.

Each platform offers unique features that I find intriguing and that align with my requirements, such as no monthly fees, interest-earning potential, and robust digital tools for financial management.Before I make a decision, I wanted to ask if any of you have experience with these banks or if you have other recommendations that fit the bill.

Columbus OH, we work with a Charlotte land developer here on larger sites like 30 acres and up not sure how big but your niche size is great. we do development, licensed general contractor, and build single family and multifamily we have a few new Floorplans every few months and I travel nationally to be an advocate for our market. it's wide open. high absorption potential and only 8 builders who build over 50 houses a year in our market.