I think the real magic comes in when you develop a system that allows you to create these cash flowing rentals from the vast number of vacant homes in the inner city. 

Now Wyoming is interesting as it is a state that allows you to hide partners of an llc from the public. 

Use pricelabs, I also integrate with guesty for hosts which allows me to manage listings on airbnb vrbo and booking.com.

If you plan in getting conventional financing, they will not allow you to use the LLC.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

It allows us to be picky on who we rent to and pass on those who would seem to be PITA or a risk for not taking care of the place.

I think it’s hard to have enough cash flow to hire a full time, quality manager who actually allows you to be completely hands off when you only own one laundromat.

Part of that is team, part is systems that create efficiency, and part is advances in technology that allow me to do things I could only dream of 30 years ago.

It was another online system, we use TenantCloud, which platform allows for the creating and signing of leases. 

As @JonathanGreene said, tech has created an environment that allows folks like you Jon, to enjoy investing on your terms so that you do not put all of your eggs into one basket (so-to-speak).