You could form a single LLC for all properties, which is easier to manage but carries shared risk, or you can create an LLC for each property, which offers better protection at the cost of more administrative work.

If you are asking unit count than about 60ish and that does not include single families.

Thanks for input,Charlie@Charlie Krzysiak  It was touched on above but condo's are completely different then single family/townhomes and even 2-4 units multi family  properties.

My clients are still buying long term stabilized single tenant NNN more 10 to 15 year type stuff.I am buying with my syndication all cash short term lease blend and extend opportunities.Accredited investor 200k minimum per property for LP'sTypically pay 8 pref on value add deals and split cash flow thereafter 50/50 between LP and GP.Closed on Walgreens last month at 11 cap rate absolute NNN with 5 years primary term remaining. 

You turned what couldve been a simple single family LTR into a big management project.Bob doesnt like when Bill opens the windows becasue he wants to use the AC.

A solid single will build your confidence and teach you a ton.Know Your Exit Plan: Have a backup—rental, flip, or sell later.

Here is the story:We sold a portfolio of rentals to a single buyer and part of the deal is we held back a 10% mortgage. 

Sub-$350K single-family homes rarely cash flow in Charlotte, so consider properties with value-add potential or slightly outside the city.

On top of that, the prices of single family and multi-family homes could be very expensive as well. 

It might not cashflow well as a rental/because it's a single family but if you can make it break even for the time being with a tenant, not a bad option as well.