@Nick Am Setting up a management S-Corp (LLC-B) to manage properties owned by your LLC (LLC-A) can provide tax benefits like retirement contributions, payroll tax optimization, and deductible expenses (e.g., home office, health insurance).

Would this make you question your property managers?

Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.  

If your mental health is compromised by looking at deals, you should stop.

Registration RequirementsIn Indianapolis, you’ll need to register your rental property with the Marion County Health Department.

Property management is a "nickle" and "dime" business.  

It's a big decision to self-manage.

I value my health and try to get 7-8 hours of sleep.

The asset management piece of investing is not focused on enough, in my opinion. 

Quote from @Marlena Hawkins: Does anyone know what insurance (liability, E&O etc.) is required for Property Management companies in DC and Maryland?