They also get all the emotional baggage that goes along with it.   

We were trying to buy a loan that was in default and the current lender was emotionally attached and has it listed for over $2M when comps are $1.5M. 

You do not need a separate LLC for each property or a series LLC!

In addition, you want a separate bank account for the rental property to separate it from your personal accounts.

My wife and I just closed on a duplex in Oakland, but the basement/garage was already converted into a separate living space with a bedroom and bathroom.

It is big enough to build at least 2 separate ADUs.

Create a separate "operating" LLC to handle management activities, including collecting rent and signing leases.

I get that you are from there so you are getting emotional and taking my comments personal, which were not my intentions. 

If you have someone in MN you trust to manage the place that is one thing, if you don't it kind of answers the question (not that you couldn't find one).Renting out homes which you are emotional attached to can be quite difficult when tenants trash them (which will eventually happen).Best wishes

It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.