But it might be more passive, for sure.All depends on math, and that I do not plan much more than 10 years (if I will survive up:).If I factor the expenses (related to cost of the residental rental) 2,5%depr+1,5%ptax+2%insurance+management etc., that leaves me really small space to get the profit without appreciation.May be for commercial the numbers will look different.

My profession is Design Engineer and my business is real estate investing.

I know this is probably dictated by many factors and local economics, I would just like to have an idea of what others may practice. 

Or your rents are too low, or the condition of the property, or a combination of many factors.

For mainstay American home prices, it will be a non-factor for many years to come.

My son has many skills for flipping and I am good with the figures and design. 

(A) An owner is not required to disclose the fact or suspicion that a property may be or is psychologically affected, as described in subsection (B).

@Jamie Rost those were some of the biggest factors that jumped out at me.

They will factor in income of the property in addition to your personal financials.

There are several factors to consider, but I think an LLC is often not worth the hassle and added cost.