Property Management LLC

[Ben Tubergen]

I'm on the brink of acquiring more units to my real estate portfolio. Currently I own the properties in my own name (House Hacking) and have been using my personal checking accounts to collect rents and pay operating expenses. As my portfolio gets larger I see this being an issue when separating my personal expenses with business expenses. 

What I'm hoping to do is keep holding the real estate in my personal name (allowing me to continue house hacking) and have my revenue and operating expenses run through an LLC.

Is this strategy plausible? Will I be needed additional licenses for being a "property manager"? Are there certain tax implications that will complicate this? Thanks in advance.