You need to go to in-person real estate investor meetups for at least six months and then the books and podcasts will come into real-life vision for you.

There are enough guys/gals from all walks of life successful in this space without licenses, certs and the like.

A streamlined process for cost segregation studies: AI is able to help streamline the cost segregation reclassifications by analyzing and identifying property components into their appropriate useful life more efficiently than traditional methods.The ability to identify eligible tax credits: AI is able to sort through and analyze a vast amount of tax laws and regulations in order to attempt to identify potential tax credits available to the real estate investor.

The relative is moving states trying to change their life.

Your wife/husband/life partner/whatever gets a veto over tactics, risk, and purchases.

Then, life happened and I have two kids now and things change.

While I was gone she ended up reading Set for Life and Retire Early with Real Estate on her own.

Another advice I have been given is "just be a good landlord" but that doesn't protect me against crazy tenants and ambulance chasing lawyers who would be happy to destroy my life. 

So, if it goes badly it goes badly and you shouldn't be investing such that one bad deal ruins your life. 

It's that easy.Setting up an LLC does nothing to simplify payments, or your life.