When to use an LLC starting out building rental SFH portfolio

[Kevin Lanphear]

Hey everyone, so I wanted to hear your advice or opinion on this:

- buying my first new construction SFH rental property (closing late January) using a $1M home insurance policy with SF. Only costs me about $60/mo.

- conventional loan financing using my name

I figured to keep doing this same method until I reach about 3-4 doors, then it may make sense to remove the $1M policy home insurance policy per home and just do an umbrella policy?

For the LLC part, do I just setup an LLC per property after my 4th or 5th door?

I’m trying to look ahead and I know I’ll be cashed out personally after maybe 3-4 doors, so I need to look for private/hard lenders or build a track record with my LLCs to get business loan?