MAybe I am reading too much into this, but I find my property manager is not being entirely truthful. 

I currently use a Texas series LLC for my TX houses, and I use a FL LLC for my Florida houses; I also have an S-Corp which manages the two LLCs.

Do you have any recommendations for a property management company?

@Collin H.With credit card defaults and auto defaults on the rise as well as overall debt - people will start tightening the belts and first thing they will get rid of is spending on travel and vacations etc So reading this I am not surprised - how has 2024 been compared overall to last year ?

I also wanted to start learning about the deal-making and property management processes.

Unless you're filing the tax returns yourself (not possible to e-file a partnership return if not a preparer), then the cost is usually a large barrier for a lot of people as they're starting out.

I left the industry to pursue a career in wholesale electrical sales and am now a project manager at Summit Electric Supply.

That is the purpose of contracts, to force people to honor their agreements.

There are too many varieties to be relaying on advice from people who haven't seen it and it's not their area of expertise.

My structure is very much like you describe: a management LLC that operates the two LLCs, one is a FL LLC for the properties in Florida and the other a TX Series LLC that owns houses in Texas.