Dumping all 4 properties into an LLC would mean that any lawsuits arising would put all those properties at risk.  

We are taking over management of our properties and would like to have some reliable ones on hand for when these issues arise in our rentals.  

Always have responsibilities in writing to refer back to and have in case any legal problems arise.

Wife is on board and fully supportive, but I cannot count on her to "get it done" when issues arise.  

I jump on flip opportunities as they arise.

I will definitely reach out with future questions that arise!

A good PM will know 10x more than the average Landlord and they will have processes in place to deal with various problems that arise so they're better at handling the day-to-day.If it's just because you have "special" requirements, you can simply type those up and have your PM add it to the lease.

Few learning methods are as good as taking the plunge and watching the numbers sort themselves out as time goes by and problems arise!

Hi BP Community,My Property Manager (Great Jones) has sent a mass email saying that any landlords with an 8% management fee, will see a rise to 10% next month. 

The issue arises if they're paying themselves in excess of what a third party would charge or if they're competent to do the job that they're getting paid to do.