This has been debated in other posts, but to summarize, if you keep each asset in its own entity (LLC, trust, LP etc) you protect that asset from any other assets you own.

The difference between LP (LLP are for attorneys) and LLC are best summarized in this article.   

Just to summarize in order.

Debt on many vs a paid off few doors;  I summarize with;   you maximize wealth growth with more doors vs fewer...My view is that;  its very VERY hard to find good houses right now so I would always say; never sell a good house (ever). 

To summarize the article I linked before, there are many more benefits to active real estate investing.

To summarize, spending your rental cashflow instead of saving it like you have been will have no bearing on your taxes, provided you weren't putting some in a traditional IRA or something.  

Specifically, the most actionable advice I've read is to do your own due diligence.To summarize: due diligence - physically visit (no problem), find sales comps (redfin), talk to multiple realtors (how-to?)

To shorten the story and summarize: I had to apply for the city zoning board hearing.

To summarize growing areas I’m familiar with:North SASchertzCibolo New Braunfels (On way to Austin) 

But I will summarize it here: That is for loans that are 15 year term or higher.