But it allows me to keep one bank account and file one tax return, while still spreading out over multiple entities. 

The worst part is that the PE guys probably lost all the LP capital (if they are big enough this is pensioners and teachers funds) but generated big fees from acquisition and management.All we can do is wait for them to be exposed and make the headlines about them ourselves, before the media does.

We later sold the property on seller financing terms, asking for $139,000 with an $18,000 down payment, also spread over 30 years.

i actually spent about $20K more than I made in my first year on media and such.To the OP...I've talked with many who wanted to get their license. 

Have a clear plan for your investment goals, whether that means focusing on rental properties or spreading your money across various types of assets and regions.

What do your property managers provide to you for your taxes if anything or you you keep your own spread sheet?

However they have websites, BP Profiles and social media suggesting years of experience and success. 

That's too much of a spread for a property of this size. 

Focusing too much on the excel spread sheet cash flow will steer you to markets that are likely lower barrier with stagnant growth.

I’ve been saying for many months that I did not see a path to dramatically lower interest rates like government officials, the media, and many real estate pros were touting.