@Neal DaftarySo - You need to set up a regular LLC, this would be considered the parent LLC to the following series LLC's that you will create for the specific purchases. 

Just double-check with the Illinois Department of Financial and Professional Regulation (IDFPR) to make sure you have all the specifics covered.Managing Broker and Deal Visibility: Yes, typically if you hold your license under a managing broker, they’ll have visibility into your deals since they're ultimately responsible for the transactions you complete.

You can request recent pay stubs, an employment letter, or bank statements that show regular income.2.

The idea is that he will 100% fund the acquisition of buy and hold properties (down payment, etc.) and I will 100% find, acquire, and manage the buy and hold properties. 

My plan is to buy and hold.I have read on other posts about this problem and some are able to use things like hydrojet or root killer flush with copper sulfate to hold off needing any repairs.

Navigating the mortgage landscape can be complex, but I am dedicated to making the process as smooth as possible for you.Looking forward to connecting with agents and investors sharing some of the experiences we face in the industry on a regular basis!

Whether you’re scaling with DSCR loans, navigating Hard Money for fix-and-flip projects, or exploring other creative financing strategies, I’m here to offer value and insight.A bit about what I can help with:*DSCR Loans: Perfect for BRRR investors and buy-and-hold strategies, focusing solely on property cash flow without personal income documentation.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I tell my tenants that for regular maintenance issues they should just call/text me.

Investment Info:Condo buy & hold investment.