If you really wanted to be as passive as possible and were comfortable with not maintaining control in your investment, you could invest in a private equity fund or a DST.  

The benefit of the Series LLC is that the formation of each series is simple, since it is a private document that you can create from your computer at home - which sounds like it would make your life a bit easier.

Magical mystery tour.  

So I've been looking for a private lender to handle financing a property plus it's repair costs.

You can actually create more “children” series from your computer at home, as they are private documents.

I was listening to a podcast and a scenario came up where a private lender promised a return after 5 years when the house was refinanced.

I’m trying to figure out what is the best way to hold rental properties. Is it better to place them under LLC’s or hold them under your name and then carry an umbrella policy to have more liability coverage?

Also, ask investors in your area for a copy of their templates.I don't think I've ever paid someone for a contract. 3 years in, with several partnerships/JVs/private lending, no problems so far!

Our goal for 2019 is to continue the same growth from this year, and create some relationships with private money partners. 

I typically only deal with private mortgages and notes for purchase and rehab.