I could add this4) Maximize agency financing to improve overall returns safely

Because if you make good money and always have a source of funds for emergencies then you can use the money immediately if you have enough for a down payment on another property or put it in a high yield savings account or treasuries for a low risk return with good liquidity.

Also, your total returns go down without any leverage because you lose the multiplier effect of appreciation.Now, to answer your question.

However, it increases costs and administrative work, like filing fees and bookkeeping.Tax-wise, LLCs are pass-through entities or disregarded entities, so profits and losses flow to your personal return, but managing multiple LLCs complicates filings.

I have heard positive things - expect lower overall returns in exchange for them doing the work! 

This sounds like a solid return!

Assets are performing well and hopefully in 4-6 years things will level off and we’ll see our return along the way at some point or at disposition.  

Not sure the returns on that property given any more investment would be worth it.

@Daniel Reed, cost of money is killing good returns these days. 

There are always deals out there and Texas is experiencing a return to normal with pricing coming down and supply staying up.