Here are some simple steps to get started (that I found to be helpful)...Learn: Read up on books, listen to podcasts, etc. 

I’m looking at a simple point-in-time matrix based purely on cash flow return.

Creating an LLC is simple and can be done by anyone.Creating an operating agreement / LLC agreement should be done by an attorney.

This is the simple playbook that tons of Americans have used to build wealth over the last 2 decades:1.

Simple investment mistakes don't count.

@Gian Harris every state has their own requirements.MOST do NOT allow a simple transfer or recognition from another state.You should be contacting each state's real estate board.

The first 5 are simple to manage. 

Also what type of lifestyle are you trying to maintain-a simple one or one where you go on exotic vacations every month?

@Sam BhattacharyaThis is very simple.  

Especially given the fact that she's a full-time real estate agent, you shouldn't have any issues.I personally like using my calendar (i.e. having clear appointment related to real estate) combined with a simple Excel / Google Spreadsheet as the tracker.