Additionally, there are some tools available to you where you can bring a certain level of automation to that rental management process (ie. automatically syndicating a single listing to 10+ major listing sites, thorough tenant screening with full background checks, digital lease creation, automated online rent collection, and maintenance tracking).

(One options is "Corporate Direct" to assist with LLC creation) Haven't tried corporate direct but I'm looking at going through them in the future to assist with re-org of my LLC.After LLC is created get an EIN and get the business accounts created.Rule 1 though is never have a rental property under your own name. 

There are hundred of posts already on that subject in this forum, as a summary of the topics discussed about your same situation:Yes it is possible,LLC will not reduce your taxes but will create liability protection;using LLC has a cost (creation, maintenance, lending cost) and need to be properly used to avoid piercing its veil;you need to check with a CPA and real estate lawyer to discuss your specific situation;be aware of the high CA franchise fee for LLC and you want to discuss alternative solutions (like DST or other creative way to avoid it);be aware of the due on sale clause if you have a mortgage.

Flips seem to make the most sense for quicker income and cash generation and can turn into a rental if they don't sell quick enough, I know multi family can be great for longer term wealth creation though...

I see no wealth creation, no financial freedom just on the horizon, NO massive opportunities to make my community a better place, NO stretching myself to see if I could be something better...   

Yeah, usually you fund the LLC at the point of creation.

Does anyone use any of the automated lease creation software available?

The idea behind BRRRR is to combine multiple money creation and leverage methods into one process.You find a motivated seller somehow.

Even though I want to focus on wealth creation through buy and hold, seems to me like a better option would be to focus on profitable flipping to fund wealth creation, and sacrifice a little ROI on buy and holds by letting a turnkey company find some stable CF for you.

Are you talking Cash Flow as a creation of using leverage?