I thought maybe going the consolidated, portfolio loan route, but my guess is that the terms would be less favorable and I would lose some flexibility with being able to “kill” individual loans if desired, and also I believe I read somewhere that if I ever sold a property (and kept the others), that the sale proceeds must be paid back towards the outstanding portfolio loan balance.  

My real estate agent in Phoenix is outstanding.  

You never know if rate decreases will be fleeting or long term, so it is best to be in a position to pull the trigger when the rates fall.  

My lease has a clause that I could add utilities to if needed:APPLICATION OF PAYMENTS: ​All payments made by Tenant to Landlord after the tenancy commences, no matter how designated by Tenant, will be applied as follows: First to any outstanding amounts due by Tenant to Landlord for damages/repairs; Second, to any outstanding service charges and fees from prior months; Third, to any rent outstanding from prior months; Fourth, to any service charges or fees due in the current month; and lastly to the current month's rent.   

I prefer standalone unless the HOA is amazing and helps you make more money (rare) but offering outstanding service.

., some town halls being closed for recording).I would pay attention to the terms of the HELOC of course, obviously the rate but also any other terms such as ability to convert to a fixed and under what terms, how long you can keep an outstanding balance before it needs to be repaid in full, etc.

@Jimmy Wen You are allowed a total of $5 million outstanding for all SBA loans.

The outstanding balance continue to roll over from month to month, until paid in full. 

I went to my regular mortgage broker and a credit union for my last loan on a 4 plex and they were interested in lending but wouldn't without 4% of outstanding mortgages plus 20% down.

The reason I ask is I can’t imagine that if you have 15+ loans outstanding that a bank would still lend to you personally unless you had a very high paying job as your DTI would be very high.