There is not a cap limit on the amount of loans you can have at any given time. 

The biggest problem is potential purchases I have had to abandon simply because either officials don’t call me back or they tell me to hire a lawyer to do a title search.All of this is by way of setting the stage for my question.

You should also set aside money as a reserve for vacancies, turnover costs, bad renters, or capital expenditures (roof, flooring, and other big expenses).

Limited resale pool, and most "cash buyers" actually use hard/private money and they typically don't want to lend in 55+ communities. 

Turns out inexpensive kitchen updates pay off big time when you sell your home, with homeowners recouping an average of 85% of their investment.6 updates you can make to your kitchen without renovatingDid you know that a minor kitchen renovation project costs around $22,000 and a major kitchen remodel can set homeowners back $65,000?

When the four words in my title here are used, typically you can expect to hear some nostalgic idiot go on about his many cognitive dysfunctions about how wonderful the past was and how hard and miserable times today are.This is not one of those times.What I'd like to ask in this discussion is: what limiting beliefs did you have to eject along the way of your investing journey in order to succeed?

Let me know if your interested in setting up a call

They can implement or may already have rules like no rental signs, HOA needs to approve any application (but they might only meet quarterly), no pets for tenants, owner must live in the house for 1-2 years before renting, no leases less than a year, limit on # of rentals, and more.   

Figuring things out as you go can be hard, but it's cool that you're already getting bookings and have a long-term rental set up.This community is perfect for learning and getting advice for your future plans.

This creates more immediate equity but it might limit your initial investment options.