Yes, in theory a person can make CRAZY $$$$, and some absolutely do. 

The first is having a personal portfolio of 5 passive rental properties, not including my residence.

Is your $15k even enough of an emergency fund for you personally?  

I currently use Wells Fargo and it’s a pain in the butt to keep going there in person and setting up a security deposit account.

I think I can open another personal checking account at the bank I already have and it'll be under my name but i'm trying to buy out of state rentals with an LLC I own.

instead, why not find a market 1-2 hours away where you can be hands-on / in-person?

Building wealth quickly is not an enjoyable experience—you have to go through some pain to experience the reward at the end.Trust me, from personal experience: the quicker the wealth building = the more pain.

I’d recommend checking local investor groups or networking with other landlords in Memphis to get recommendations for more competitive options.One company I’d personally recommend looking into is RiverTown Realty.

I know a couple of the Realtors on the team at Suncoast Property Management, Acquisitions & New Construction Manager, Gretchen Kornutik, REALTOR® - Good person.

Talk with the syndicate/Reit and your tax person.