I have been doing this and using it as a communication tool and also to perhaps create goodwill with the tenants.On the other hand, perhaps it is only busy work that isn't providing a benefit for my rental business or the tenant.

With the tech that's out there though, continuing to manage your properties on your own should be doable, and honestly, if you start using the right tools, you should be able to keep your 10% and easily manage your properties on your own. 

This enrollment gives them access to the tools and resources to help them find a property that MEETS OUR CRITERIA.

Once we narrowed it down a little and learned more about the area, we saw that Publix is putting in a massive new grocery store right down the road which confirmed the fact that this town is growing.Another valuable tool that I am working to establish now is building a good personal relationship with an appraiser in areas that you are interested in investing in.

This would be a great addition to an already great tool!

Just like others have mentioned, LLC's are just a tool and a good CPA is another tool you have to use alongside. 

Like @Jon Crosby I use Mint (got to love free accounting), but then couple that with MinttoReport (small annual charge), a great tool so you can export your Mint data and report it once you setup tags and categories. 

AirDNA is a great tool to predict occupancies.

And the founder of Property Radar has something like 120 rules to try to maintain best chance of accuracy along with tools for professionals so am leaning more towards his way.

@Mike Account Closed Under Tools in the Menu go to FilePlace and you will find a link for contracts.