It really depends on what your goals are and who you are as a person.

.- Real estate agents, I need to start getting in touch with the current state of the market, and start translating the theoretical book learning into practice. 

But they can be connected in-series depending on the wattage(s) & total amp draw.

Now I still have tonnes of stuff to learn after purchasing the property including building a team that I can depend on.

I guess it'd depend on what type of loan as far as whether they are scrutinized or not.

.- The number of property per LLC is dependant on your risk tolerance and setup/reccuring cost for each entity.

But it really just depends on what type of property you're looking for.

For example, if something happens in Property #1 (Owned by LLC #1), they generally can't go against Property #2 (Owned by LLC#2), etc.Having plenty of insurance is also important.The main thing is that everything gets done on the up and up and get done properly.As for state income tax liability, a lot of it depends on how the LLC is set up.For IRS purposes (and many states) by default, a LLC that's owned by one person (or a husband and wife in a community property state), is usually what they call a Disregarded Entity.

@Nikki Aine depends on the location honestly to see if it is a good deal.

You may adjust depending on the market when the leases come due.