I regularly see houses in the $10-$30K range but don't even bother because of what I previously mentioned.

They usually don’t cash flow if you have leverage on them and rent them out as traditional rentals.B - Middle class (average people) live in these neighborhoods and they can cash flow a little if there is enough of a down payment and you will probably experience some regular appreciation.C - Lower income, but good hard-working people, live in these homes or neighborhoods.

For this type of setup it would look like this......................................................................Series LLC....................................................................................................................................Agent Trust.........................................................................................Series A................................Series B.............................Series C..................... etc........................Land Trust.............................Land Trust........................Land Trust.................. etc........................Property A.............................Property B........................Property C.................. etc.You can do the same thing with a regular LLC, it is just more work for an entity that does not scale. 

A regular tenant will never pay that amount for the area.

Routinely I have 2-3 open houses a week, and when potential tenants take a look their feedback is typically positive.

I am requiring they make 2100 a month to even qualify.I am regularly finding:They do not have good creditMany of them have been in trouble with the lawAnd so on.I largely look at criminal, eviction and most important work history.Any suggestions as to what criteria I should use?

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Kinda the same as trying to explain to the IRS why you regularly deposited $9990 in cash in order to avoid the CTR limit of $10,000

Like Kiyosaki i learned I don't like regular teaching, however I can talk to folks about RE all day. 

Is there any reason not to have just a coin op washer and a regular dryer that can be bought for cheap?