Sold my company

[John Hodges]

Hello all,

I recently sold an online company I started 8+ years ago. After taxes I am ending up with roughly ~$6m. I am looking to purchase in cash initially and then refinance. 

I've been looking at multifamily buildings in the county I grew up in here in Central Florida. I have a few questions that may seem silly

1) If I purchase an apartment complex in cash and form a new LLC, can I still use the old LLCs tax returns to leverage the equity in the property? Or is it viewed as a "brand-new" company since a new LLC is formed and the corporate credit is non existent?

2) And what point is a property manager worthwhile? Again, I sold my company so I don't have any current projects and plenty free time to do this myself. Since I'm paying cash up front I could realistically acquire 50 units across 2 or 3 properties within a 10mi radius.