The majority of my properties are in a very established neighborhood/area that would wage an all out war for a developer looking to build property that would compete with me.  

After a couple of years, you can earn your Broker's license and start your own company.

This is like a quiz for everyone who got their real estate license and then never thought about appurtenant rights.

Most likely you will establish a Solo 401(k), due to the additional benefits, some of which were already mentioned.

If I use a licensed PM, the onus would be on the PM who would carry his own E&O insurance.Interestingly enough my employees were asked what the owner did all day.

@Jordyn GeggIf you mean like property manage then you would need to get licensed and insured for each property since this new LLC does not own themI would not take on the Burden or expense of setting up another LLC for something like this since it doesn’t gain you anythibg

I am a licensed REALTOR and handled the deal myself.

Drivers license

As a property manager, creating a standard that establishes the trifecta of benefits and tension is good. 

Should I get my RE license?