2) I have on single family home (rents for $2100/month) that needs a PM. 

So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains? 

I have a couple of single family homes in Cincinnati, but most of my portfolio is in Columbus.

Check out this recent thread on LLC’s, it’s pretty eye-opening that of all the very experienced investors on here, with centuries of investing experience combined, the consensus was that LLC’s are not needed for most investors:  https://www.biggerpockets.com/forums/926/ Of course gurus will tell you that you need one before you even have a single property, because it makes them sound smart.

These are typically ownership groups, not single owner.  

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

I own single family homes but would love to venture into a multi fam…Thank you ! 

That's probably sound advice for single family rentals or flips.

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

You only get a single point of contact for everything all encompassing, and unless they are 100% competent(not even proficient) you are screwed.