Would rather have extremely motivated agents trying to sell my property.

Any websites or resources I can point him to to help with his concerns?

I am not too concerned with a major market correction.Personally I feel keeping enough to protect ones self from going underwater during a market correction makes sense, but I also see how having too much dead equity can be costly if you are looking to build your portfolio. 

And the heck with the one or two inquiries as the benefit of doing this a few months in advance can be extremely beneficial for multiple reasons! 

So far, it's been a good decision in that I've been able to learn landlord basics, how to do a cosmetic rehab, and live extremely cheaply.

Its 3x 3/2's and 1x 2/2My question is what concerns/ complications/ cons does this propose, if any? 

I called my lender and expressed my concern to which she said she would ask the senior loan originator.

My question is concerning whether or not is can be a good idea to separate your real estate operations into two entities: (1) an LLC that holds your property and (2) the LLC that holds your property management operations, where the LLC (holding the property) would pay a management fee to the LLC (holding the property management operations) for its services. 

My other large concern is with budgeting.

I am mainly concerned with the Houston market.