LLC - partnershipTell us about the property:They're multis and Airbnb propertiesHow did you decide on tasks and delegation?

(FYI I flip houses right now with different LLC with each partner and make 50% on each deal, we make average $35K on each flip, it's just too complicated to manage multiple LLC's)Also if you have experience in this field, is a fund an LLC?

Hey all, I'm looking to do a Quit Claim Deed to transfer my SFR to my newly created LLC. 

But are you making sure you can quit claim the deed into a llc to protect yourself? 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Should I create an LLC or something for tax purposes?

Thanks Jeff, with a business credit card, I assume that needs to be connected to an LLC? 

It is usually a series a poor choices that get them to that point and it can't become your problem.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

We have a LLC In Which both my wife and I are the members.