Thinking about starting an LLC to invest with friends

[Lowry Coe]

Me and two to three other buddies are considering investing in some properties together. We each own one home of our own and want to invest in more but we each only have about 10k of disposable income right now. We figured we could pitch our money into an LLC and invest together with about 40-60k to make a larger impact.

Two questions:

1. Would I be better off taking my 10-15k and investing in something on my own?

2. If we decide to invest together, what are the pros and cons of investing as an LLC vs just investing together?

Thanks for the tips.