We can't take a house nor the money with us when we leave this planet and as long as I have one meal a day and a dry cardboard box to sleep in I don't worry about material things nor money.

No more runs to the big box to make a quick buy. 

I'm more interested in taxation affects and privacy and I realize I'd need to get the properties deeded to the LLC so that I check off the privacy box in that regard.Would I in this situation be fully private or am I missing something?

If your answer is to repair, use a spare, or buy a used comparable unit, then you should only pay the tenant a portion of what he spent.

I'm new to Bigger Pockets and have spent the last 6 months listening to the podcast, reading investing books and talking to friends who are all interested in the same stuff.

You just check the appropriate box, either "no reports or records of lead based paint on the property" or "has provided lessee with all reports or records pertaining...")This means, even if it's been remediated (either by you or a previous owner), you still have to disclose it to your lessees.I've never personally remediated, so I cannot help with that part.

My wife (who managed our Airbnb) spent about 2 hours per week in the app, and she is very efficient with her time.  

Soap box aside, OSAP is real debt that will be factored into lending decisions, so best to get it off your plate. 

And checking to make sure that box of 12 filters you left for the tenant actually contains LESS than 12 filters as time rolls on.You don't need a plumber to check connections but it's a good idea to check for leaks under kitchen/bathroom cabinets. 

If this property checks all your personal boxes, that means a lot and should not be taken lightly.  3.