Alternatively, you might be able to make the LLC your "property manager", but that too has potential legal implications as in many states to manage property it doesn't own an LLC might need to be a real estate brokerage to legally do the property management.

Equities with leverage from your brokerage is an instant tap versus your lender who you may be underwater, they won't ask you cover the difference unless you realize the loss.

Big brokerages may take their listings off of the MLS and keep them to themselves, trying to double-end every deal like commercial brokerages do.

This is not a new concept, and my brokerage has used them many times in the past.

@Keren Mayorov check your inbox for Property management & Brokerage assistance.

I already have a brokerage that I am with and I do not want to switch just looking for a mentor.

Get internships/go-fer jobs at a real estate brokerage that will take the time to explain to you why things are done the way they are done.

@Jaryn Pierson -  Aloha Jaryn,  I own a Software Development Company as well as a Real Estate Brokerage and Investment Company.   

I left this part out of my original post, but I actually ended up forming 3 new LLCs because my wife and I are also starting up a RE brokerage concurrent with the property management company.  

New Home: I would need to dump some of my brokerage accounts for the downpayment(so some capital gains taxes would need to be paid to finance the downpayment on the new house) or if I sold our "current residence(2nd home)" I wouldn't need to.I understand the tax incentive of selling within 5 years of living there for 2 years, however, the cash flow seems larger then what I would get taking the money and investing in new RE in the future.