Start up - management question.

Quote from @Zach Crabtree:

I would like to start by saying I am very new to this. I have 30 newly acquired LTR houses set up in a few LLCs and am being told by one mentor to create a umbrella company/management LLC. To have the management LLC collect rents and hanle all maintenance and expenses. The management LLC would then just pay out what is left to the holding LLCs. In your experience would it be better to set up a management LLC or just keep them separate.

Congrats on jumping to 30 rentals, that's an incredible start. A management LLC can make sense as your portfolio grows because it can simplify operations and keep income and expenses organized, but the right structure really depends on your goals, taxes, and liability considerations. I'd sit down with a CPA and a real estate attorney before making any changes. Getting the structure right now is a lot easier than trying to unwind it later.