My background is in engineering, and I still have my 40 hr / week job working as a systems and software engineer.

After you will have to start your due diligence, which includes inspections, insurance research, rent rolls, lease agreements of the tenants in place, their background, proof that they pay in time, rental market analysis, comps etc...I hope I gave you a good idea of what you will have to do generally. 

If she has a lease agreement with the LLC, and the LLC still owns the property, everything else is just "background noise". 

Background:  I'm 35, NYS Real Estate Salesperson, Accounts Payable Specialist at a local power plant (scheduled to decommission in 2018) , and Amateur flipper.

You have picked a great passion, and with a finance background I'm sure you will have great success in real estate.  

I come from mainly an aviation background and became interested in real estate through flying with several brokers.

My background is in Digital Marketing and Graphic Design, but I've been educating myself over the past few months in preparation to break into the REI industry.

With your background, you have a huge advantage. 

no background check?? 

At this point, my background in real estate is the two houses I've bought as my primary residence.