After playing the section 8 game, I realized there was to many eggs in the federal government basket.

Cons: All your eggs in one proverbial basket.

I setup an LLC for each property, yes i am the member of each LLC but if someone sues you and you have all these properties in one basket (LLC) they are all accessible to a lawsuit. 

I may raise that to over $2M some day, but for now I enjoy not having to complete the Sch M on my LLC tax returns.The advantage, I think (I am not an attorney) from an asset protection standpoint is you can classify and separate your assets into different baskets.  

The low hanging fruit is gone but with focus one can still purchase an investment property in DFW area as long as the investor time horizon is long term. 

However, I think putting all your eggs in one basket (market) in unwise. 

My main cleaner found mold in the coffee cleaner basket because the other cleaner skipped it . . .

See Wikipedia entry for "assignment of income" and another explanation here: https://www.accountingweb.com/tax/irs/what-is-the-fruit-of-the-tree-tax-principle . 

This is low hanging fruit for the IRS.

Don't put all of your eggs in one basket.