10 Units Wanting To Start To Self Manage - LLC Formation or Not?

[Ryan Lantzy]

I currently own 10 units and intend to double that this year. I'm considering self-management and I'm in the process of setting up systems for it. Should I create a separate management company through another LLC and pay it a standard commission, or should I operate it under the existing LLC that owns the units to avoid the complexities of setting up a new LLC structure? I understand the importance of consulting with my CPA and attorney, but I'd appreciate any friendly advice on this matter.