Management Entity Structure

[Robert Lenfestey]

What is the best entity for property management? This seems like a simple question, but behind it lies the structure for your entire business and strategy for investing. I am a buy and hold investor who strives to be as passive as possible. I self-manage but I would like to remove my personal name, address and bank account from the rent payment and tenant call process. I have created an LLC that I plan to use as the management entity that has its own phone number and email address for tenants to call for service. I plan to have tenants mail rent directly to the bank with the LLC's bank account information on the check for direct deposit. What are others' strategies.

Thanks for your input.

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