Hello form a U of I alum.

Should i form a LLC as a Real Estate Agent ? 

You cannot run a business very well without credit of some form. A

If your friend is smart he will get that even if you form a company to do this.My rentals are owned by a Sub S corp, but it has been in existence for 30 years or more.

Now, with full disclosure, my wife's real estate license here in CA is held with eXp (switched form a small boutique brokerage which was "investor friendly").

I have 3 active personal escrows and 12 client escrows- all with conservative pro formas, estimating 20%+ cash on cash.

What is normally called a 10 Year Pro Forma Business Plan with an IRR projection.That then gave me the VISION to see how my Target Real Estate Investments would do even before I bought the properties.It is that CLEARITY of this VISION that makes you a LEADER.

The pro forma looks fantastic for this ~60k fourplexes, but the turnover, mx (the buildings are 100+ old) are major killers. 

I'm 19 and am looking to absorb what I can absorb and form as many relationships as I can.

Here is the wife in a cave in the middle of a 'bait ball'  (1000's of tiny silver bait fish that form a huge circle)