I think you are WAY low .

I don't mean to insult you, but I don't think you have the skills necessary to manage such a difficult situation from afar.

So think about a roof leak in your condo.  

I even had a buyer lined up for the place as well for when the repairs / renovations were atleast 50% or more done.Also forgot to mention that their own system often has wrong or outdated info on the properties as well.As you can see I could go on but I dont think a book is needed haha, but this should give a good exampleSorry for the long post and poor formatting on it

I have been thinking about renting a place for myself and putting the $1 mil to work in real estate investments but diversified in markets, and direct syndication. 

I used Design Appruv on my first ADU and they have since gone bankrupt and stole everyone's money :/...so don't use them, but do look up their Yelp reviews if you want a good chuckle.My buddy CJ just left ADU Geeks and is starting his own company - I think for quite a significant discount. 

I remember thinking how absolutely absurd it was to still be living this way after tripling my income, and on top of that my Wife was getting ready to graduate nursing school which would add even more income but, I had no clue how to keep it from disappearing every month and wondering what happened.

Which is really the crux of my argument here to is people jump through hoops "thinking" they are saving the world but I still cannot get anyone with 2+ million members here on BP tell me if they use a property manager and have reviewed and gone through their insurance policy on the property tell me what could they possibly be sued for that an LLC would protect them from?

You think Redfin is too much, then you go someplace lower. 

I think we have the situation close to being figured out.