We manage over 85 listings.  

Originally posted by Alison Robinson:Hello all,I am in immediate need of a Commercial/Residential Property Management Company representing owner-landlords on the South side of Chicago.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

Try interviewing at least three managers.1.

The profit was around the same but I lost a lot of wealth in that transfer.

Consider starting with house hacking to reduce housing costs while learning property management, or explore mid-term and short-term rentals for steady or higher income.

BUT, let’s say for personal reasons you want to “stretch” for faster wealth accumulation.  

Quote from @Jason Phillips: Hi Steven - Sorry for the delay, but I am an investor with Goodegg (Hotel Fund and Wealth Fund II) and I have nothing but praise.

I am also a project manager and a architectural designer for a real estate developer in NYC. 

I'm a broker and property manager here in Sacramento, I manage about 100 investment properties, multifamily LTR and STR.