Forming a real estate private equity fund?

[Bellman Tumasang]

To start investing in real estate do you suggest that I create a real estate private equity firm such as Blue Estate LLC to hire employees, sponsors and create property LLC's to buy properties with only my own money and perhaps leverage debt from a lender such as a bank then eventually when I've built a good track record to raise money from investors hire an attorney to register a fund with the SEC such as Blue Estate Equity Fund I?

To fund the private equity real estate firm Blue Estate LLC can I pay all management fees such as acquisition fees on purchase, disposition fees on sale of property and asset management fees on revenue to Blue Estate LLC which I can use to hire employees and pay legal fees etc?

Do I then pay sponsors such as myself and any I hire in the future to help out on deals a profit split such as an 80/20 split?

I am thinking about using the TellUs rental property management app to collect rents online, I have heard that it allows you to assign each property it's own bank account which is useful for a property LLC is this true?

Does the TellUs app allow you to monitor conversations with the property manager and tenants? 

Can all rents be paid to the Property LLC bank accounts instead of the property's managers then I pay the property manager their cut?

Does the TellUs app have a desktop version I believe it only has an IPhone and Android app?