It may be tempting to treat them as one property and do what is called "cross collateralization" in order to maximize the amount you can borrow.

Also David Green's book Long Distance Real Estate Investing or BRRR talk about this in detail. 

Quote from @April Smalls SmallsSmalls: Quote from @Jonathan Greene: You could have stopped after "I came across this PML via Facebook."

Quote from @Jonathan Greene: I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.Awesome!

Thanks so much for the mention, @Jonathan Greene!

I've had them long enough to keep pushing up rents so that I am at the top of my niche, but know not to exceed it because I'm just about at the point where if I raised rents another $50-$100 I'd be crossing over into the lower end for larger units.

The green boxed items are the form, and the "sell my house now" button.So the green boxes represent all the conversions.

We now face a cross-roads of sorts. 

Work with your commercial lender and see if you can self finance, by cross collateralizing your existing portfolio.

Quote from @Augusta Owens: Hello all,I'm completely green when it comes to real estate, as in currently learning the terminology new.