If your place is very well maintained you may be able to achieve higher than average returns.

A good broker maintains relationships with various funding sources, including individual investors, investment groups, and financial institutions.

To thrive in real estate investing, you must maintain a firm grip on your finances.

An LLC requires time and money to create and maintain, every year. 

For example if you wanted to gift $100k to your child to purchase a business, it may be best to make your child manager, with say a 20% interest, while you and or your spouse maintain a 80% interest.  100% of any net income can still be received by your child as manger, or even for just his 20% interest, as profit allocation  need not align with ownership percentage in an LLC.

Quote from @Ashwani Singh: Has anyone got an excel sheet that is good to maintain your month by month rental property management expenses and income?

To thrive in real estate investing, you must maintain a firm grip on your finances.

Like Mija noted, they cost real money and time to maintain, and I simply was not deriving enough value from either.I had no intention of GC-ing jobs for clients, which is about all it would have allowed me to do that I can't do already.  

However, if I earn too much “earned income,” I risk losing these essential benefits.That’s why I’m exploring real estate and the stock market, as these generate “unearned income” and allow me to maintain my benefits while building financial security.

We are hoping to avoid doing any sort of partnership and maintain a single member LLC, but searching online hasn't been fruitful.