While an LLC can offer liability protection and tax benefits, it’s not essential for a single property—personal liability insurance and an umbrella policy may suffice for now.

A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.

If there is a due on sale clause in the loan doc then it doesn’t matter what the loan officer told you verbally.I’m not an attorney, but from my understanding of the loan is still in your name personally a good litigator can pierce the veil and your LLC protection wouldn’t amount to much.

It should be from someone who uses that person.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

And what if the one person you didn't check has a criminal background, has collections, and more?

Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

Real-life reps, to me, means seeing properties in person, whatever your asset class. 

Are you looking to just put the money to work or looking to be personally involved in getting, rehabbing, and dispo of deals?

There are many here in my local area and your area is likely to have the same type of meetings.Most of the deals that I fund are by meeting investors in person at these groups and creating strong relationships.