Keeping each LLC’s financials distinct helps prevent this risk.Insurance: Having adequate insurance coverage for each property and ensuring it aligns with the LLC structure can also be a vital component of risk management.Legal Counsel: Regularly consult with your real estate attorney to ensure your structure and practices align with your protective strategy.In conclusion, while running everything through your holding company might simplify bookkeeping initially, consider long-term implications and ensure you are safeguarding each property and your overall investment effectively.

PMC RECOMMENDATIONRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I'm an investor and agent for investors while also having a regular job but I think the answer can often be the same for someone full time investing and "part time" investing.

I didn't say anything about him not moving in and for that year I struggled to cover the regular bills myself causing late mortgage payments and other things.

If you need references for either of them in San Diego, let me know.

I met with a new bookkeeper today and she referred me to the SCORE Mentorship Program.

Hope your "far away from other rental" units are close to some commercial.City or County housing authority keeps participating landlords on file and are usually happy to refer folks.

I'm not an investor yet but can refer you to someone who does flips here.

I assume you’re simply trying to get a regular investor loan in your own name for 50% of the value to pay off the other heir?

Just for reference, our interest rate is 7.2% with an all-in mortgage (PITI) of $2,040.