Instead of asking if you should get it, you should research what being a real estate agent entails and if it will benefit you.if you have another job, you will likely be doing the real estate license part-time.There are two main reasons that people get the real estate license1) To make money via commissions2) to have access to the MLS and view properties(I don't think this is a good reason as you can view sites like zillow/trulia/redfin)Real Estate investing is hard in itself, no need to spend the many hours taking classes/exams to complicate the investing portion of real estate.

I have not selected one, but I am using it being closer to work, I do have kids and a wife that would benefit from the move.  

I am going to have them pay the agent their commission so it will not come out of my cut.While I hold the note I capitalize on the tax benefits as well.

Some say that the benefits of this is that it gives you an extra layer of protection, anonymity (if you have the holding LLC in a state like Delaware) and additional ease in transferring money between the LLCs.

Need advice on LLC benefits and added cost incurred to file taxes. 

I’m a syndicator myself and I NEVER underwrite depreciation into an offering because everyone benefits (or not) from it differently, depending on their tax situation.

When I checked it out on Amazon, they seemed to be pushing only the convenience benefit for the PM and tenants and (of course) did not have any upfront pricing.

Also keep in mind the additional tax benefits of this option and that the property pays for the expenses, taxes, insurance, etc, not you.I like your approach in being proactive with your property manager and having a discussion.Finally, and maybe most importantly, what would make you happy?

I also strongly believe they don't take Travelers Checks where we all end up.Ask your parents to co-own the property and to share the benefits just like they had planned to share the benefits when they were in their honeymoon periods.

However, having a loan locked in also has its benefits.