@Jeremy H.there is no need to self manage for the passive investor looking for a fixed NNN return in the 15%+ range.Smart business owners and retirees looking to diversify their investment portfolio are not looking to run a hospitality business. 

Once you’ve set up and marketed your rental, use the cash flow to scale your portfolio over time.

@Jonathan Small keep on building your portfolio!

An alternative could be putting all your properties under one LLC to start, then reassessing as your portfolio grows.

With a passion for finding undervalued properties and transforming them into profitable assets, they are eager to learn, grow, and build a successful real estate portfolio.

Alternative route I chose, I will leverage my duplex (purchased 4 years ago) equity through house hacking to have skin in the game on next flip.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.

You can grow your portfolio, maintain manageable risks, and still see some solid returns.

I would like to start generating some passive-income and start with some residential properties in my initial portfolio.   

Buy them to grow your portfolio, and buy good properties.Form an LLC.