Essentially, this is your second home that your dependent lives in.  

However, if the LLC is in your name and the bank can see that you essentially transferred it to yourself, as long as they get their money it is highly unlikely they will do anything.

Other things I need to consider are comp sales, rent, vacancy rate, crime rate, school district, neighborhoods, demographic etc.

you could buy as an owner occupant of 1 unit and utilize low downpayment owner occupant financing with great terms.Rent the other 3 out and live for free essentially allowing you to save for your next purchase!

The properties are in neighborhoods not in any sort of commercial district.

@Amber Stevens, personally for me, when approaching to make an offer, you should be able to look up the property on the County Appraisal District.

Since the Charity is tax-exempt, the money essentially grows tax free.

@Diane G.The 53k does include all of the rehabs which is what is the most inviting about this, starting with new house essentially.

This is a rural property, but you bring up a good point to keep in mind for future deals  Also, wouldn't judgements, liens, etc would put cloud on the title, and essentially nullify the contract if the seller can't provide with marketable title?

Essentially your entire business model depends on buying enough real estate that meet very specific requirements in order to produce a job based income.