Will putting it in both the individual names and the LLC work?

You will have signing authority and the ability to directly make investments on behalf of the plan. 

It could be a bank, or a hedge fund, or a bond, or the US government, or a credit union, or an individual, or a LLC, or a corp, etc... 

You won't want the local authorities fining you for putting up signs where they aren't supposed to be.There are other deal-finding strategies, including just walking around neighborhoods and picking out houses that are less well-maintained than neighboring properties. 

Is your property manager just a licensed individual, or are you working with a company?

Friends, family, individual lenders, and have them put down most of the purchase and Reno funds.

One does not need to be a licensed individual if they are leasing properties out for an employer on an hourly or salaried basis.

It's as much a function of opportunity cost as it is simply looking at an individual asset's performance.$1000 rent is $12000 annual with $4k - $6K in Taxes and insurance

@Lucas MilburnIndividuals with self directed Individual Retirenent Funds allows individuals to invest those funds in numerous investments tools with one being real estate.  

@Matthew Gallacher well I have spoken to an individual out of state who inherited a house in 2015, it's vacant and has one of the red and white Xs on it and she is interested in selling it.