I would use all the tools BP provides and start analyzing properties.

I use my annual bonus checks from my full time job and stock rewards to provide cash to finance my property investments. 

Trying to figure out how to do this without losing my history as a New York assoc. real estate broker.Could anyone provide some guidance here?

What services do you actually end up providing? 

In the long run, try to find a few service providers that are both good and affordable.  

That should provide you a good place to start from.

Hey Laura - Looks like everyone has provided you with pretty good info!

Provide a copy of the Living Trust (a short form one) to the bank if or when they ask. 

Midterm tenants expect utilities to be provided as part of the lease.

That's the real short of it.Legal entity's such as LLC's provide no tax advantage unless investing with non-spousal partners (its the same tax, but needs to be split between the partners).My personal pet peeve is to remember that depreciation has to be paid back in taxes at nominally 25% to the IRS when you sell.