LLC or not?

[Account Closed]

So me and two of my friends are going into REI together. We plan on purchasing multi-fam units and renting them out to people. By the end of this year, we plan on having two properties; one we live in with an FHA loan and one investment property. Long term we want to expand to have at least 5 houses within the next 4 years. Would it be smarter to have all 3 of us on each title and worry about an LLC later, when we have more properties; or make an LLC and have the title under the LLCs name? Thanks