Should I start a property management company to manage my rentals

[David Casal]

Hello,

I'm wondering if there is a liability or other benefit to starting my own property management company to management rentals I own (some under my name and some under LLC's). I currently own and manage about 38 units. I also am a licensed real estate agent in PA and all properties are in PA.

I'm not sure it the added layer has any benefits from a liability standpoint or not.  From a management standpoint, it seems like it would make things a lot easier because I could have everyone make checks out to one company and then manage finances out of the management company.

Any input on this is greatly appreciated!

Thanks

David Casal