Should I create an LLC for managing my properties
I am about to buy two single family houses as rentals on residential 30 yr fixed mortgages so I can’t put them into an LLC. I plan on managing them myself and a friend recommended If I couldn’t own them in an LLC that I should start an LLC to manage them with. What would be the pros and cons of this? Also I am looking forward to using the income from these properties to improve my debt to income so I can borrow more to buy more properties next year or the year after, how might this be affected by starting an LLC to manage my properties?