Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.

I think I have ten sec 8 properties of my own right now (that I own).

Depends on which property you pull equity from.

I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this.

Any recommendations on how many rental properties per LLC?

Do not continue on your own.For your next tenant, be sure you have strict screening requirements and do not waiver from those standards.

Do you have any types of properties for rental (SF, 2-4 MF, or 5+ MF)?

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

When relying on LIHTC to make the deal pencil, yes developers wait BUT only if they have the resources to wait and only if the property owner is willing to not close on the property until the project is fully funded.

I didn't know there was a different type of insurance that I needed.I had bought the home with a standard mortgage and standard insurance and then I decided later that I would flip it.