Tax advantage of my own property management company

[Okey Anebere]

I am researching the tax advantages of started my own property management company to manage my rentals. My current plan is to create it as a LLC taxed as a S-corp and pay the company a management fee to manage my long term rentals. Is anyone doing anything like this? If so what tax advantages or disadvantages have you seen? I am trying to understand the cost vs benefit. Thank you in advance for your input.