If one goes bankrupt, it may take all the others with it.You may not need an LLC for each individual property, but each LLC you do have should have its own bank account and books, and should behave as its own completely separate entity.

Most landlords aren't going to want to do that for a few reasons, one is the risk associated with having strangers going in and out of their property, the extra wear and tear plus damage that can occur from guests behaving badly. 

I don't have quite the biological clock that a woman has, but in practical terms I don't want to be having my first kid when I'm 50 either!

Typically you want to look at income once you have an estimate of what a monthly payment would be. Have

We're forced to let them behave badly and then we'll be forced to take them on again in a year. 

So, if your main goal is to save up for another investment, I would keep the cash and maintain the leverage on your existing rentals.The only tax consequence that comes to mind would be if you cared about deducting less interest payments since you would be having less.. 

No matter how they behave, you should stick to the process.I don't know how you handle it in the People's Republik of Kalifornia, but I have a holdover rate that is equal to four times the rent, prorated per day.

I actually sent you videos of the tenants in your home behaving improperly.

I sold the property and I will be having a capital gain.

May be have to take a 15 hours refreshment course before the exam.