Quote from @Jonathan Greene: I report at least 10 things a day.

You'll want to keep track of these because they can Increase or decrease your at-risk amount and as a result the losses you can take as a partnerYou or your CPA will need to report these on your IRS Schedule K-1s for each of the partners in LLC. ...

For instance, I've reached out to cost segregation companies in San Diego that will base land vs building value on whatever split the tax assessors report shows which many times can be around a 50/50 split. 

Is having debt not reported on credit is your priority?

Unless you cheat by reporting things incorrectly, which is easier to hide inside a partnership LLC.

Capitalize on consistent cash flow & appreciation, potentially tap into equity at year 5-7, get out & re-invest between year 10 & 13.

I'm not aware of any systems that work without wifi as you'd have to have some kind of cellular reporting system like a SimpliSafe or similar. 

Get a list of recent inspections and permits to make sure the new roof and such were done right.Check with police if any reports for the property.What's included in the seller's expenses?

@Rud Sev Your Section 1231 losses from the sale of rental properties were likely correctly reported on Form 4797 (Part I) as ordinary losses, allowing them to offset all types of income.

If consistent cash flow and diversification appeal to you, this might offer the best blend of growth and flexibility.Ultimately, it’s about balance: if you want to prioritize appreciation with minimal hassle, the first two options shine.