You get all the benefits of owning real estate (cash flow, appreciation, tax benefits) with none of the headaches of buying, renovating, or managing properties.

Well, the Managing Member, the SOB, upon a receiving a large capital gain from sale of property [a §1231 gain] took the unusual and selfish step of grabbing most of the proceeds [damn the OA], and for good measure allocating a lot of gain to Members [again, damn OA].  

There will be expenses you will have to maintain sure but the appreciation, tax benefit and rising rent/mortgage pay off make it a no brainer. 

I had to alter my plan by renting out the updated unit almost right away, and moving into the other units while completing the rehabs.For better or worse, I decided to tackle the rehabs myself to gain some construction experience and learn as much as I could about the property.

I think it would be worth It to schedule a few consultations and ask what you can expect if you hire that company and how it will benefit you.The bottom line is having a RE focused tax professional is a great option that can be worth its weight in gold.

Each has its own set of considerations and potential benefits, so it's crucial to understand them thoroughly before diving in. 

This way i gain all my initial investment back and can do it all over.

I did this for several contractors absolutely free and this free service benefits me in several ways since I learn from others and some of those contractors gave me some fairly large jobs they could were not qualified to do.End of my long story.

Lastly, it’s not usually in your benefit to let anyone know you own the property, if you act as a humble employee, just trying to keep your job and have everyone like you, no one will try to get over on you.

(I know, I know, it's not sexy to talk appreciation, but that's where the big gains are when you hold long enough.)All that said, anything that gets you excited about real estate and gets you engaged is a good thing, so if this is the thing that lights your fire, go for it.