Ten loan limit a soft ceiling?

[Brice Noonan]

Hello all. New to the forums. Been reading the books and dragging my feet for years while I established my professional career (love it, not looking to leave, just supplement).
So I live in a nice college town where occupancy rates are high and the leases run 12 mos. and I'm ready to get into the game. Met a realtor that also owns rentals and owns/runs a PM agency. Good brain to pick. In discussing my plans for ~10 properties, she mentioned a workaround that many of her investors had used (she flies to CA with deals for investors and sells local rentals, has buyers with many properties).
Tell me what you think:
Basically, assume you live in house 1, rent out 2-10. She said you can bundle 2-10 into a commercial loan (a dispersed multi-fam if you will), gets you back down to your OO home and one commercial. 8 more slots to fill? Is this possible, oversimplified or accurate?

Thanks,
BPN