If she is, it will work wonderfully.My last piece of advice is to buy a few books and learn to self-manage this one unit.

Consider appreciation as well.There is more to consider, such as how you will manage the property, etc.

I also wanted to start learning about the deal-making and property management processes.

My structure is very much like you describe: a management LLC that operates the two LLCs, one is a FL LLC for the properties in Florida and the other a TX Series LLC that owns houses in Texas. 

Hi Jonathan, I own 23 units in the area and manage another 170 for other investors. 

Would love to connect with investors, lenders, agents, and property managers from the Faribanks/North Pole areas if you're here!

-What is the price range for property managers and general contactors?

There are pros and cons to each asset class and which one fits with your time and energy in the management.

Our family has used Rent Manager for PM for 20+ years.

This is because the transfer to the LLC is considered a change in ownership, which prompts a reassessment based on the fair market value at the time of the transfer.Admittedly, property tax implications are not my area of expertise, so I strongly recommend consulting with a local real estate attorney or tax advisor for precise guidance tailored to your situation.Additionally, if you need property management services for multifamily properties in Miami, Curbelo Capital Management specializes in this area and would be happy to assist you.Best regards,Diego Curbelo